Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Abrdn Plc (ABDN.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$0.96 - $1.24$1.11
Multi-Stage$2.21 - $2.44$2.33
Blended Fair Value$1.72
Current Price$1.87
Upside-8.06%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.88%-3.87%0.140.150.170.170.260.280.870.250.201.13
YoY Growth---6.81%-9.12%-0.32%-35.70%-7.53%-67.97%244.78%26.76%-82.31%441.97%
Dividend Yield--9.95%8.61%8.77%6.90%9.20%8.52%33.96%5.79%5.37%28.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)636.00
(-) Cash Dividends Paid (M)527.00
(=) Cash Retained (M)109.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)127.2079.5047.70
Cash Retained (M)109.00109.00109.00
(-) Cash Required (M)-127.20-79.50-47.70
(=) Excess Retained (M)-18.2029.5061.30
(/) Shares Outstanding (M)1,852.621,852.621,852.62
(=) Excess Retained per Share-0.010.020.03
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share-0.010.020.03
(=) Adjusted Dividend0.270.300.32
WACC / Discount Rate9.36%9.36%9.36%
Growth Rate-14.88%-13.88%-12.88%
Fair Value$0.96$1.11$1.24
Upside / Downside-48.42%-40.46%-33.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)636.00547.74471.72406.26349.88301.32310.36
Payout Ratio82.86%84.29%85.72%87.14%88.57%90.00%92.50%
Projected Dividends (M)527.00461.68404.35354.03309.90271.19287.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.36%9.36%9.36%
Growth Rate-14.88%-13.88%-12.88%
Year 1 PV (M)417.27422.17427.08
Year 2 PV (M)330.30338.10346.00
Year 3 PV (M)261.38270.70280.24
Year 4 PV (M)206.78216.67226.91
Year 5 PV (M)163.55173.38183.69
PV of Terminal Value (M)2,722.862,886.603,058.13
Equity Value (M)4,102.144,307.634,522.04
Shares Outstanding (M)1,852.621,852.621,852.62
Fair Value$2.21$2.33$2.44
Upside / Downside18.41%24.34%30.53%

High-Yield Dividend Screener

« Prev Page 10 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ESPEspey Mfg. & Electronics Corp.3.53%$1.6554.01%
F-PCFord Motor Company 6% Notes due3.53%$0.7463.45%
TECTPTectonic Financial, Inc.3.53%$0.3879.28%
AMFCXAmerican Funds American Mutual Fund3.52%$2.0690.87%
CRCCalifornia Resources Corporation3.52%$1.6435.94%
FAFFirst American Financial Corporation3.51%$2.1446.13%
GICGlobal Industrial Company3.51%$1.0358.36%
0R0G.LMondelez International, Inc.3.50%$1.8969.92%
DCPDCP Midstream, LP3.50%$1.4634.00%
LWLamb Weston Holdings, Inc.3.50%$1.4870.35%
WSOWatsco, Inc.3.50%$12.1683.88%
0QYY.LHarley-Davidson, Inc.3.49%$0.7217.57%
LKFNLakeland Financial Corporation3.49%$1.9752.13%
TRSTTrustCo Bank Corp NY3.49%$1.4448.14%
OMCOmnicom Group Inc.3.47%$2.8341.26%
PROVProvident Financial Holdings, Inc.3.47%$0.5561.73%
UTLUnitil Corporation3.47%$1.7061.75%
BF-ABrown-Forman Corporation3.45%$0.9152.84%
COFSChoiceOne Financial Services, Inc.3.45%$1.0070.38%
FCBPFirst Choice Bancorp3.45%$1.0034.34%
NXSTNexstar Media Group, Inc.3.45%$7.2042.75%
STBAS&T Bancorp, Inc.3.45%$1.3529.75%
VABKVirginia National Bankshares Corporation3.45%$1.3755.94%
F-PBFord Motor Company 6.20% Notes3.44%$0.7463.45%
0K3B.LThe Mosaic Company3.43%$0.8722.53%
CPFCentral Pacific Financial Corp.3.43%$1.0743.87%
CTBICommunity Trust Bancorp, Inc.3.43%$1.9337.41%
IIINInsteel Industries, Inc.3.43%$1.1153.05%
JJSFJ&J Snack Foods Corp.3.43%$3.1192.62%
TMPTompkins Financial Corporation3.43%$2.4942.22%
ALRSAlerus Financial Corporation3.41%$0.7739.09%
CNXCConcentrix Corporation3.41%$1.4028.16%
FBPFirst BanCorp.3.41%$0.7134.06%
GLOClough Global Opportunities Fund3.41%$0.1915.90%
OPBKOP Bancorp3.41%$0.4830.19%
PHXPHX Minerals Inc.3.39%$0.1581.44%
WHGWestwood Holdings Group, Inc.3.39%$0.6073.76%
SCVLShoe Carnival, Inc.3.38%$0.5928.17%
OGSONE Gas, Inc.3.37%$2.6161.93%
VALUValue Line, Inc.3.36%$1.2555.36%
WTRGEssential Utilities, Inc.3.36%$1.3054.79%
AVNTAvient Corporation3.35%$1.0686.14%
KTBKontoor Brands, Inc.3.35%$2.0653.00%
VCTRVictory Capital Holdings, Inc.3.35%$2.1548.89%
WAFDWaFd, Inc.3.35%$1.0837.44%
PBProsperity Bancshares, Inc.3.34%$2.3241.44%
PFGPrincipal Financial Group, Inc.3.34%$2.9943.04%
EVBNEvans Bancorp, Inc.3.33%$1.3160.97%
NFYSEnphys Acquisition Corp.3.33%$0.3768.70%
KMPRKemper Corporation3.32%$1.3132.45%