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 % |
|---|---|---|---|---|
| ORA | ORA | 0.42% | $0.48 | 21.81% |
| VLTO | VLTO | 0.42% | $0.42 | 11.39% |
| CEG | CEG | 0.41% | $1.52 | 17.38% |
| EXPE | EXPE | 0.41% | $1.15 | 10.88% |
| GE | GE | 0.40% | $1.29 | 17.08% |
| GEHCV | GEHCV | 0.40% | $0.23 | 5.05% |
| ATMU | ATMU | 0.39% | $0.20 | 8.42% |
| BMNR | BMNR | 0.39% | $0.12 | 0.85% |
| CHDN | CHDN | 0.39% | $0.43 | 7.61% |
| PLPC | PLPC | 0.39% | $0.83 | 11.03% |
| AAPL | AAPL | 0.38% | $1.03 | 13.77% |
| AMOT | AMOT | 0.38% | $0.12 | 21.85% |
| CASY | CASY | 0.38% | $2.09 | 12.85% |
| EA | EA | 0.38% | $0.77 | 21.92% |
| LOB | LOB | 0.37% | $0.13 | 8.44% |
| PCG-PA | PCG-PA | 0.37% | $0.08 | 6.94% |
| CTS | CTS | 0.36% | $0.16 | 8.09% |
| GVA | GVA | 0.36% | $0.43 | 12.45% |
| LCORX | LCORX | 0.36% | $0.08 | 4.98% |
| LCRIX | LCRIX | 0.36% | $0.08 | 4.98% |
| UHAL | UHAL | 0.36% | $0.18 | 17.87% |
| BOX | BOX | 0.35% | $0.10 | 6.61% |
| HCC | HCC | 0.35% | $0.31 | 47.04% |
| MCK | MCK | 0.35% | $2.91 | 8.98% |
| CSWI | CSWI | 0.34% | $1.02 | 11.93% |
| MOG-A | MOG-A | 0.34% | $0.85 | 11.59% |
| SRBK | SRBK | 0.34% | $0.05 | 9.61% |
| VHAQ-UN | VHAQ-UN | 0.34% | $0.04 | 17.38% |
| WWD | WWD | 0.34% | $1.05 | 14.70% |
| AGX | AGX | 0.33% | $1.08 | 12.72% |
| PJT | PJT | 0.33% | $0.56 | 13.70% |
| REGN | REGN | 0.33% | $2.59 | 6.06% |
| LPLA | LPLA | 0.32% | $1.16 | 11.15% |
| META | META | 0.31% | $2.04 | 8.98% |
| ESAB | ESAB | 0.30% | $0.34 | 8.52% |
| POWL | POWL | 0.30% | $1.05 | 7.31% |
| VC | VC | 0.30% | $0.29 | 2.59% |
| WST | WST | 0.30% | $0.83 | 12.34% |
| CASH | CASH | 0.29% | $0.21 | 2.52% |
| NGS | NGS | 0.29% | $0.10 | 6.71% |
| PLUS | PLUS | 0.29% | $0.25 | 5.41% |
| RVTY | RVTY | 0.29% | $0.28 | 14.01% |
| TMO | TMO | 0.28% | $1.65 | 9.48% |
| MRVL | MRVL | 0.27% | $0.24 | 8.33% |
| VNT | VNT | 0.27% | $0.10 | 3.64% |
| DBRG | DBRG | 0.26% | $0.04 | 9.84% |
| FOUR | FOUR | 0.26% | $0.16 | 7.44% |
| GOOG | GOOG | 0.26% | $0.82 | 8.01% |
| TPB | TPB | 0.26% | $0.29 | 10.22% |
| USB-PA | USB-PA | 0.26% | $2.02 | 43.68% |