Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Teck Resources Limited (TECK)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$22.72 - $34.81$28.37
Multi-Stage$42.87 - $47.19$44.99
Blended Fair Value$36.68
Current Price$61.09
Upside-39.96%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS35.87%-0.08%1.030.531.060.210.210.220.340.690.120.75
YoY Growth--93.96%-50.19%401.89%0.00%-4.50%-35.47%-50.00%493.10%-84.49%-27.80%
Dividend Yield--1.96%0.85%2.15%0.42%0.88%2.08%1.09%2.09%0.40%7.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,256.00
(-) Cash Dividends Paid (M)248.00
(=) Cash Retained (M)1,008.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)251.20157.0094.20
Cash Retained (M)1,008.001,008.001,008.00
(-) Cash Required (M)-251.20-157.00-94.20
(=) Excess Retained (M)756.80851.00913.80
(/) Shares Outstanding (M)501.08501.08501.08
(=) Excess Retained per Share1.511.701.82
LTM Dividend per Share0.490.490.49
(+) Excess Retained per Share1.511.701.82
(=) Adjusted Dividend2.012.192.32
WACC / Discount Rate7.22%7.22%7.22%
Growth Rate-1.47%-0.47%0.53%
Fair Value$22.72$28.37$34.81
Upside / Downside-62.80%-53.56%-43.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,256.001,250.091,244.201,238.341,232.511,226.711,263.51
Payout Ratio19.75%33.80%47.85%61.90%75.95%90.00%92.50%
Projected Dividends (M)248.00422.48595.31766.51936.081,104.041,168.75

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.22%7.22%7.22%
Growth Rate-1.47%-0.47%0.53%
Year 1 PV (M)390.06394.02397.98
Year 2 PV (M)507.44517.80528.25
Year 3 PV (M)603.23621.78640.71
Year 4 PV (M)680.14708.17737.07
Year 5 PV (M)740.61778.96818.89
PV of Terminal Value (M)18,559.7419,520.8920,521.46
Equity Value (M)21,481.2222,541.6323,644.36
Shares Outstanding (M)501.08501.08501.08
Fair Value$42.87$44.99$47.19
Upside / Downside-29.82%-26.36%-22.76%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%