Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Comerica Incorporated (0I1P.L)

Company Dividend Discount ModelIndustry: BanksSector: Financial Services

Valuation Snapshot

Stable Growth$152.73 - $571.90$256.57
Multi-Stage$147.02 - $161.08$153.92
Blended Fair Value$205.24
Current Price$68.52
Upside199.54%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.28%10.65%2.832.782.652.772.813.021.971.351.141.10
YoY Growth--1.62%5.10%-4.34%-1.60%-6.72%52.85%46.11%18.42%3.40%7.30%
Dividend Yield--4.79%5.15%6.10%3.06%3.92%10.28%2.59%1.41%1.66%2.91%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)717.00
(-) Cash Dividends Paid (M)375.00
(=) Cash Retained (M)342.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)143.4089.6353.78
Cash Retained (M)342.00342.00342.00
(-) Cash Required (M)-143.40-89.63-53.78
(=) Excess Retained (M)198.60252.38288.23
(/) Shares Outstanding (M)133.25133.25133.25
(=) Excess Retained per Share1.491.892.16
LTM Dividend per Share2.812.812.81
(+) Excess Retained per Share1.491.892.16
(=) Adjusted Dividend4.304.714.98
WACC / Discount Rate6.47%6.47%6.47%
Growth Rate3.55%4.55%5.55%
Fair Value$152.73$256.57$571.90
Upside / Downside122.90%274.44%734.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)717.00749.63783.75819.43856.72895.72922.59
Payout Ratio52.30%59.84%67.38%74.92%82.46%90.00%92.50%
Projected Dividends (M)375.00448.59528.10613.92706.46806.15853.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.47%6.47%6.47%
Growth Rate3.55%4.55%5.55%
Year 1 PV (M)417.30421.33425.36
Year 2 PV (M)457.00465.87474.82
Year 3 PV (M)494.20508.66523.40
Year 4 PV (M)529.03549.76571.10
Year 5 PV (M)561.57589.22617.94
PV of Terminal Value (M)17,131.4417,974.7718,850.98
Equity Value (M)19,590.5420,509.6021,463.59
Shares Outstanding (M)133.25133.25133.25
Fair Value$147.02$153.92$161.08
Upside / Downside114.57%124.63%135.08%

High-Yield Dividend Screener

« Prev Page 101 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
267260.KSHD Hyundai Electric Co., Ltd.0.89%$7,249.7142.35%
300525.SZFujian Boss Software Corp.0.89%$0.1234.47%
4687.TTDC SOFT Inc.0.89%$12.1815.56%
600183.SSShengyi Technology Co.,Ltd.0.89%$0.6455.02%
6788.TNihon Trim Co., Ltd.0.89%$44.8516.55%
9691.TRyomo Systems Co.,Ltd.0.89%$40.798.31%
BHARTIARTL.BOBharti Airtel Limited0.89%$18.7229.59%
HLNG.OLHöegh LNG Holdings Ltd.0.89%$0.2140.91%
TIV.COTivoli A/S0.89%$5.3828.04%
VIO.BRViohalco S.A.0.89%$0.1117.28%
000500.KSGAON CABLE Co., Ltd.0.88%$732.5424.54%
001308.SZShenzhen KTC Technology Co., Ltd.0.88%$0.1816.54%
002897.SZWenzhou Yihua Connector Co., Ltd.0.88%$0.4855.79%
003037.SZGuangdong Sanhe Pile Co., Ltd.0.88%$0.0750.14%
007540.KSSempio Company0.88%$429.146.88%
085370.KQLutronic Corporation0.88%$322.6228.80%
0R86.LInvisio AB (publ)0.88%$2.2750.10%
300819.SZJiangsu Jujie Microfiber Technology Group Co., Ltd.0.88%$0.3076.59%
600059.SSZhejiang Guyuelongshan Shaoxing Wine Co.,Ltd0.88%$0.0835.44%
603320.SSZHEJIANG DIBAY ELECTRIC CO.,Ltd.0.88%$0.1733.25%
603638.SSYantai Eddie Precision Machinery Co., Ltd.0.88%$0.1736.94%
6501.THitachi, Ltd.0.88%$43.2131.27%
688301.SSiRay Technology Company Limited0.88%$0.8933.95%
LIFCO-B.STLifco AB (publ)0.88%$3.0138.31%
SFAST.STStenhus Fastigheter i Norden AB (publ)0.88%$0.1010.28%
SHELTER.BOShelter Pharma Ltd.0.88%$0.335.27%
STOR-B.STStorskogen Group AB (publ)0.88%$0.1015.93%
000716.SZNanfang Black Sesame Group Co., Ltd.0.87%$0.0593.99%
002098.SZFujian SBS Zipper Science&Technology Co., Ltd0.87%$0.0915.46%
002522.SZZhejiang Zhongcheng Packing Material Co., Ltd.0.87%$0.0557.20%
0NUT.LNextensa NV/SA0.87%$0.3723.02%
0QLD.LSwissquote Group Holding Ltd0.87%$4.2511.41%
2539.TWSakura Development Co.,Ltd0.87%$0.429.40%
301161.SZVoneseals Technology (Shanghai) Inc.0.87%$0.3354.21%
600372.SSAVIC Airborne Systems Co. Ltd. Class A0.87%$0.1276.83%
6015.SRAmericana Restaurants International PLC0.87%$0.0271.84%
603271.SSYong Jie New Material Co Ltd0.87%$0.3617.95%
603505.SSChina Kings Resources Group Co.,Ltd.0.87%$0.1655.70%
603583.SSZhejiang Jiecang Linear Motion Technology Co.,Ltd.0.87%$0.3334.75%
603737.SSSKSHU Paint Co.,Ltd.0.87%$0.4044.74%
688138.SSShenzhen Qingyi Photomask Limited0.87%$0.2539.39%
688681.SSShandong Kehui Power Automation Co.,Ltd.0.87%$0.1531.27%
ALODC.PAOmer-Decugis & Cie S.A.0.87%$0.079.35%
ECIT.OLECIT As0.87%$0.0941.41%
TEBE.JKPT Dana Brata Luhur Tbk0.87%$21.2421.37%
000404.SZChanghong Huayi Compressor Co., Ltd.0.86%$0.068.84%
002204.SZDalian Huarui Heavy Industry Group Co., Ltd.0.86%$0.0721.33%
002817.SZAnhui Huangshan Capsule Co., Ltd.0.86%$0.0733.65%
015760.KSKorea Electric Power Corporation0.86%$400.283.12%
300802.SZJutze Intelligence Technology Co.,Ltd0.86%$0.1651.16%