Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

RSA Insurance Group plc 7.375% CUM IRR PRF GBP1 (RSAB.L)

Company Dividend Discount ModelIndustry: Insurance - Property & CasualtySector: Financial Services

Valuation Snapshot

Stable Growth$0.07 - $0.08$0.08
Multi-Stage$0.13 - $0.14$0.14
Blended Fair Value$0.11
Current Price$1.23
Upside-91.35%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS-47.75%-24.87%0.010.014.440.070.150.150.130.080.040.01
YoY Growth---25.00%-99.83%6,324.07%-55.37%4.76%15.50%52.67%101.54%622.22%-94.27%
Dividend Yield--0.52%0.75%352.24%5.36%11.64%12.85%8.59%6.76%3.49%0.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)47.00
(-) Cash Dividends Paid (M)11.50
(=) Cash Retained (M)35.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9.405.883.53
Cash Retained (M)35.5035.5035.50
(-) Cash Required (M)-9.40-5.88-3.53
(=) Excess Retained (M)26.1029.6331.98
(/) Shares Outstanding (M)1,563.261,563.261,563.26
(=) Excess Retained per Share0.020.020.02
LTM Dividend per Share0.010.010.01
(+) Excess Retained per Share0.020.020.02
(=) Adjusted Dividend0.020.030.03
WACC / Discount Rate9.60%9.60%9.60%
Growth Rate-19.51%-18.51%-17.51%
Fair Value$0.07$0.08$0.08
Upside / Downside-94.59%-93.80%-93.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)47.0038.3031.2125.4320.7316.8917.40
Payout Ratio24.47%37.57%50.68%63.79%76.89%90.00%92.50%
Projected Dividends (M)11.5014.3915.8216.2215.9415.2016.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.60%9.60%9.60%
Growth Rate-19.51%-18.51%-17.51%
Year 1 PV (M)12.9713.1313.29
Year 2 PV (M)12.8513.1713.49
Year 3 PV (M)11.8812.3212.78
Year 4 PV (M)10.5111.0511.60
Year 5 PV (M)9.049.6110.22
PV of Terminal Value (M)145.04154.28163.98
Equity Value (M)202.29213.56225.37
Shares Outstanding (M)1,563.261,563.261,563.26
Fair Value$0.13$0.14$0.14
Upside / Downside-89.48%-88.89%-88.28%

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%