Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

BlackRock Enhanced Capital and Income Fund, Inc. (CII)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$31.54 - $44.28$37.87
Multi-Stage$60.05 - $66.02$62.98
Blended Fair Value$50.42
Current Price$21.35
Upside136.18%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.12%-1.96%1.261.272.121.141.081.031.021.021.181.24
YoY Growth---1.13%-39.82%86.31%5.01%5.09%0.46%0.02%-13.58%-4.21%-19.37%
Dividend Yield--6.26%6.74%12.35%5.13%6.21%5.96%7.27%6.24%8.64%8.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)220.66
(-) Cash Dividends Paid (M)97.51
(=) Cash Retained (M)123.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)44.1327.5816.55
Cash Retained (M)123.15123.15123.15
(-) Cash Required (M)-44.13-27.58-16.55
(=) Excess Retained (M)79.0295.57106.60
(/) Shares Outstanding (M)42.8342.8342.83
(=) Excess Retained per Share1.842.232.49
LTM Dividend per Share2.282.282.28
(+) Excess Retained per Share1.842.232.49
(=) Adjusted Dividend4.124.514.77
WACC / Discount Rate8.59%8.59%8.59%
Growth Rate-3.96%-2.96%-1.96%
Fair Value$31.54$37.87$44.28
Upside / Downside47.72%77.38%107.41%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)220.66214.13207.80201.65195.69189.90195.60
Payout Ratio44.19%53.35%62.51%71.68%80.84%90.00%92.50%
Projected Dividends (M)97.51114.24129.90144.54158.19170.91180.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.59%8.59%8.59%
Growth Rate-3.96%-2.96%-1.96%
Year 1 PV (M)104.12105.20106.29
Year 2 PV (M)107.90110.16112.44
Year 3 PV (M)109.42112.87116.39
Year 4 PV (M)109.14113.76118.52
Year 5 PV (M)107.47113.18119.13
PV of Terminal Value (M)2,034.142,142.262,254.94
Equity Value (M)2,572.182,697.432,827.71
Shares Outstanding (M)42.8342.8342.83
Fair Value$60.05$62.98$66.02
Upside / Downside181.27%194.97%209.22%

High-Yield Dividend Screener

« Prev Page 100 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300389.SZShenzhen Absen Optoelectronic Co.,Ltd.0.92%$0.1530.03%
301130.SZJilin Province Xidian Pharmaceutical Sci-Tech Development Co.,Ltd0.92%$0.2651.19%
6168.HKZhou Liu Fu Jewellery Co., Ltd.0.92%$0.2612.52%
A2M.AXThe a2 Milk Company Limited0.92%$0.0818.59%
BSOFT.BOBirlasoft Limited0.92%$3.9624.09%
DFY.TODefinity Financial Corporation0.92%$0.6917.72%
ELTON.ATElton International Trading Company S.A.0.92%$0.0215.29%
PRY.MIPrysmian S.p.A.0.92%$0.8321.11%
SMKL.JKPT Satyamitra Kemas Lestari Tbk0.92%$1.6131.12%
TTTrane Technologies plc0.92%$3.6427.90%
001256.SZZhejiang Weigang Technology Co., Ltd.0.91%$0.2031.52%
002029.SZFujian Septwolves Industry Co., Ltd.0.91%$0.1014.96%
002106.SZShenzhen Laibao Hi-Tech Co., Ltd.0.91%$0.1023.71%
002732.SZGuangdong Yantang Dairy Co., Ltd.0.91%$0.1632.63%
002907.SZChongqing Pharscin Pharmaceutical Co., Ltd.0.91%$0.1475.56%
067830.KSSavezone I&C Corporation0.91%$29.9710.71%
300950.SZDoright Co.,Ltd.0.91%$0.2144.07%
301662.SZOngoal Technology Co., Ltd.0.91%$1.1069.65%
3291.TIida Group Holdings Co., Ltd.0.91%$22.8312.14%
601601.SSChina Pacific Insurance (Group) Co., Ltd.0.91%$0.386.97%
603859.SSNancal Technology Co.,Ltd0.91%$0.3839.03%
605339.SSNamchow Food Group (Shanghai) Co., Ltd.0.91%$0.1894.45%
7504.TKohsoku Corporation0.91%$27.0314.78%
AHLASPEN INSURANCE HOLDINGS LTD0.91%$0.346.83%
EPSIL.ATEpsilon Net S.A.0.91%$0.1116.81%
FCC.MCFomento de Construcciones y Contratas, S.A.0.91%$0.1019.61%
IFX.DEInfineon Technologies AG0.91%$0.3544.87%
MARE.MIMare Engineering Group S.p.A.0.91%$0.0429.31%
000590.KSCS Holdings Co., Ltd.0.90%$684.902.69%
002484.SZNantong Jianghai Capacitor Co. Ltd.0.90%$0.2732.53%
002733.SZShenzhen Center Power Tech. Co., Ltd0.90%$0.1878.92%
014680.KSHansol Chemical Co., Ltd.0.90%$2,160.7515.49%
025820.KSLeeku Industrial Co., Ltd.0.90%$50.4121.46%
2130.HKCN Logistics International Holdings Limited0.90%$0.0330.46%
300617.SZJiangsu Ankura Intelligent Power Co., Ltd.0.90%$0.2939.28%
300643.SZHamaton Automotive Technology Co., Ltd0.90%$0.1824.29%
300725.SZPharmaBlock Sciences (Nanjing), Inc.0.90%$0.3534.81%
300837.SZZhe Kuang Heavy Industry Co.,Ltd.0.90%$0.3178.86%
3318.HKChina Boton Group Company Limited0.90%$0.0218.28%
3476.KLKeck Seng (Malaysia) Berhad0.90%$0.058.85%
3588.TWLeadtrend Technology Corporation0.90%$0.4431.29%
JSPT.JKPT Jakarta Setiabudi Internasional Tbk0.90%$28.0325.39%
MAPI.JKPT. Mitra Adiperkasa Tbk0.90%$10.659.67%
SMBR.JKPT Semen Baturaja (Persero) Tbk0.90%$2.6010.77%
STNStantec Inc.0.90%$0.8722.17%
000159.SZXinjiang International Industry Co.,Ltd0.89%$0.0574.14%
001266.SZShanghai Smart Control Co., Ltd.0.89%$0.3584.46%
002250.SZLianhe Chemical Technology Co., Ltd.0.89%$0.1227.73%
002997.SZRayhoo Motor Dies Co.,Ltd.0.89%$0.3315.36%
003041.SZZhejiang Truelove Vogue Co., Ltd.0.89%$0.4927.94%