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 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%