Dividend Discount Models Snapshot
| Model | Range | Selected |
|---|---|---|
| Stable Growth DDM | $133.25 - $243.43 | $178.02 |
| Multi-Stage DDM | $100.63 - $110.15 | $105.30 |
| Blended Fair Value | $141.66 | |
| Stock Price | $259.51 | |
Dividend History (Last 10 Years)
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 1.028 | 0.989 | 0.950 | 0.909 | 0.858 | 0.803 | 0.759 | 0.686 | 0.608 | 0.552 |
| YoY % | 3.95% | 4.05% | 4.53% | 5.97% | 6.78% | 5.80% | 10.75% | 12.79% | 10.07% | 10.69% |
| Yield | 0.40% | 0.38% | 0.37% | 0.35% | 0.33% | 0.31% | 0.29% | 0.26% | 0.23% | 0.21% |
| CAGR | Value |
|---|---|
| 5 Year | 5.05% |
| 10 Year | 7.49% |
Discounted Dividend Model - Stable Growth
| Metric | Range | Selected |
|---|---|---|
| LT Growth | 3.56% to 5.56% | 4.56% |
| WACC | 9.00% | 9.00% |
| Fair Value | $133.25 - $243.43 | $178.02 |
Calculation Details (Millions)
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (*) Adjusted Net Income | 112,010.00 | 112,010.00 | 112,010.00 |
| (=) Cash Required | 22,402.00 | 14,001.25 | 8,400.75 |
| (=) Excess Retained per Share | 5.97 | 6.53 | 6.91 |
| LTM Dividend per Share | 1.028 | 1.028 | 1.028 |
| (=) Adjusted Dividend | 7.000 | 7.560 | 7.933 |
Multi-Stage Projections (BASE Case - Millions)
| Metric | TTM | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|---|
| Net Income | 112,010.00 | 117,117.64 | 122,458.18 | 128,042.25 | 133,880.96 | 139,985.90 |
| Projected Dividends | 15,421.00 | 29,279.41 | 50,207.85 | 72,984.08 | 97,733.10 | 125,987.31 |
Multi-Stage Valuation (Millions)
| Present Values | LOW | BASE | HIGH |
|---|---|---|---|
| Year 1 PV | 27,776.37 | 28,044.59 | 28,312.80 |
| Year 2 PV | 43,279.76 | 44,119.63 | 44,967.58 |
| Year 3 PV | 57,166.46 | 58,838.54 | 60,542.92 |
| Year 4 PV | 69,559.23 | 72,285.12 | 75,090.35 |
| Year 5 PV | 81,477.91 | 85,488.48 | 89,655.43 |
| TV PV | 1,230,657.40 | 1,291,233.65 | 1,354,172.13 |
| Equity Value | 1,509,917.14 | 1,580,010.01 | 1,652,741.22 |
| Fair Value | $100.63 | $105.30 | $110.15 |
Top Dividend Stocks
| Ticker | Company Name | Yield % | DPS | Payout % |
|---|---|---|---|---|
| KKR | KKR | 0.55% | $0.71 | 28.86% |
| UHS | UHS | 0.55% | $1.21 | 5.70% |
| 0I0T.L | 0I0T.L | 0.54% | $0.81 | 11.41% |
| HSTM | HSTM | 0.54% | $0.12 | 17.69% |
| LLY | LLY | 0.54% | $5.79 | 28.28% |
| TECH | TECH | 0.54% | $0.32 | 64.31% |
| TRU | TRU | 0.54% | $0.45 | 21.24% |
| VST | VST | 0.54% | $0.89 | 26.39% |
| 0R2Z.L | 0R2Z.L | 0.52% | $2.96 | 18.79% |
| DHR | DHR | 0.52% | $1.19 | 24.18% |
| MKSI | MKSI | 0.52% | $0.87 | 21.15% |
| 0JT5.L | 0JT5.L | 0.51% | $0.93 | 20.32% |
| 0JZ0.L | 0JZ0.L | 0.51% | $3.22 | 16.93% |
| EVTC | EVTC | 0.51% | $0.15 | 6.55% |
| GPI | GPI | 0.51% | $2.01 | 6.83% |
| MUSA | MUSA | 0.51% | $2.05 | 8.36% |
| PCG | PCG | 0.51% | $0.08 | 6.94% |
| CHE | CHE | 0.50% | $2.11 | 11.01% |
| FBIO | FBIO | 0.50% | $0.02 | 16.65% |
| HWKN | HWKN | 0.50% | $0.73 | 18.33% |
| NMRK | NMRK | 0.50% | $0.08 | 20.64% |
| PRLH | PRLH | 0.50% | $0.06 | 54.69% |
| EXP | EXP | 0.48% | $1.02 | 7.46% |
| FCAX | FCAX | 0.48% | $0.05 | 6.11% |
| FSS | FSS | 0.48% | $0.54 | 13.95% |
| AAON | AAON | 0.47% | $0.37 | 30.87% |
| CR | CR | 0.47% | $0.88 | 14.07% |
| HGTY | HGTY | 0.47% | $0.06 | 12.93% |
| IDCC | IDCC | 0.47% | $1.55 | 10.87% |
| PCG-PI | PCG-PI | 0.47% | $0.08 | 6.94% |
| SEB | SEB | 0.47% | $20.86 | 5.03% |
| AMEH | AMEH | 0.46% | $0.18 | 93.62% |
| IDT | IDT | 0.46% | $0.23 | 7.15% |
| KAI | KAI | 0.46% | $1.32 | 15.23% |
| PRGS | PRGS | 0.46% | $0.19 | 17.10% |
| UI | UI | 0.46% | $2.60 | 19.86% |
| WWE | WWE | 0.46% | $0.46 | 21.62% |
| APH | APH | 0.45% | $0.62 | 20.92% |
| DIS | DIS | 0.45% | $0.50 | 7.30% |
| ENTG | ENTG | 0.45% | $0.40 | 21.08% |
| PCG-PC | PCG-PC | 0.45% | $0.08 | 6.94% |
| WMS | WMS | 0.45% | $0.68 | 11.54% |
| REVG | REVG | 0.44% | $0.27 | 14.08% |
| RYAN | RYAN | 0.44% | $0.22 | 87.54% |
| TRS | TRS | 0.44% | $0.16 | 14.97% |
| WAB | WAB | 0.44% | $0.96 | 13.90% |
| WING | WING | 0.44% | $1.14 | 18.31% |
| TW | TW | 0.43% | $0.46 | 15.57% |
| IBKR | IBKR | 0.42% | $0.28 | 13.63% |
| MTRN | MTRN | 0.42% | $0.55 | 58.77% |