Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Lakeland Bancorp, Inc. (LBAI)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$41.36 - $198.49$73.32
Multi-Stage$25.54 - $27.90$26.69
Blended Fair Value$50.01
Current Price$12.02
Upside316.06%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS12.31%16.66%0.580.570.420.390.380.330.290.250.190.17
YoY Growth--1.97%37.67%6.53%2.16%16.95%13.02%17.78%27.18%16.15%32.92%
Dividend Yield--4.86%3.66%2.49%2.24%3.53%2.10%1.46%1.25%1.90%1.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)84.73
(-) Cash Dividends Paid (M)38.09
(=) Cash Retained (M)46.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.9510.596.35
Cash Retained (M)46.6446.6446.64
(-) Cash Required (M)-16.95-10.59-6.35
(=) Excess Retained (M)29.6936.0540.28
(/) Shares Outstanding (M)65.2365.2365.23
(=) Excess Retained per Share0.460.550.62
LTM Dividend per Share0.580.580.58
(+) Excess Retained per Share0.460.550.62
(=) Adjusted Dividend1.041.141.20
WACC / Discount Rate8.15%8.15%8.15%
Growth Rate5.50%6.50%7.50%
Fair Value$41.36$73.32$198.49
Upside / Downside244.06%510.02%1,551.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)84.7390.2496.10102.35109.00116.09119.57
Payout Ratio44.96%53.96%62.97%71.98%80.99%90.00%92.50%
Projected Dividends (M)38.0948.7060.5273.6788.28104.48110.60

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.15%8.15%8.15%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)44.6045.0345.45
Year 2 PV (M)50.7751.7452.72
Year 3 PV (M)56.6258.2459.90
Year 4 PV (M)62.1464.5366.99
Year 5 PV (M)67.3670.6173.99
PV of Terminal Value (M)1,384.421,451.291,520.71
Equity Value (M)1,665.911,741.441,819.75
Shares Outstanding (M)65.2365.2365.23
Fair Value$25.54$26.69$27.90
Upside / Downside112.45%122.09%132.07%

High-Yield Dividend Screener

« Prev Page 110 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002339.SZIntegrated Electronic Systems Lab Co., Ltd.0.62%$0.0659.84%
002671.SZShandong Longquan Pipeline Engineering Co.,LTD0.62%$0.0317.06%
039840.KQDIO Corporation0.62%$104.1627.01%
077970.KSSTX Engine Co.,Ltd.0.62%$206.6116.12%
241590.KSHwaseung Enterprise Co., Ltd.0.62%$31.1750.06%
300100.SZNingbo Shuanglin Auto Parts Co.,Ltd.0.62%$0.2518.34%
300347.SZHangzhou Tigermed Consulting Co., Ltd.0.62%$0.3549.79%
300909.SZShenzhen Hui Chuang Da Technology Co., Ltd.0.62%$0.3062.13%
300926.SZJiangsu Bojun Industrial Technology Co., Ltd0.62%$0.2010.12%
3128.TWOHi Sharp Electronics Co., Ltd.0.62%$0.1811.90%
600429.SSBeijing Sanyuan Foods Co., Ltd.0.62%$0.0325.51%
600782.SSXinyu Iron & Steel Co., Ltd0.62%$0.027.85%
600857.SSNingbo Zhongbai Co., Ltd.0.62%$0.0950.22%
603696.SSAnji Foodstuff Co., Ltd0.62%$0.1373.51%
688101.SSSuntar Environmental Technology Co., Ltd.0.62%$0.108.44%
688300.SSNovoray Corporation0.62%$0.3932.51%
688395.SSShenzhen Sine Electric Co.,Ltd.0.62%$0.1535.48%
7013.TIHI Corporation0.62%$17.2014.09%
9025.TKonoike Transport Co., Ltd.0.62%$20.478.73%
000025.SZShenzhen Tellus Holding Co., Ltd.0.61%$0.1130.16%
002940.SZZhejiang AngLiKang Pharmaceutical CO.,LTD.0.61%$0.2137.21%
0QLQ.LYpsomed Holding AG0.61%$2.0031.20%
1784.TWOBIONET Corp.0.61%$0.6447.49%
300332.SZTop Resource Energy Co., Ltd. Class A0.61%$0.0330.72%
300816.SZActBlue Co., Ltd.0.61%$0.2931.83%
600161.SSBeijing Tiantan Biological Products Co., Ltd.0.61%$0.1014.98%
603015.SSNingbo Techmation Co.,Ltd.0.61%$0.0866.24%
605198.SSYantai North Andre Juice Co.,Ltd.0.61%$0.2322.16%
7723.TAichi Tokei Denki Co., Ltd.0.61%$16.436.48%
AHRNAhren Acquisition Corp.0.61%$0.0610.79%
CPLPCapital Product Partners L.P.0.61%$0.116.01%
000099.SZCITIC Offshore Helicopter Co., Ltd.0.60%$0.1327.49%
000807.SZYunnan Aluminium Co., Ltd.0.60%$0.2013.68%
001222.SZWenzhou Yuanfei pet toy products Co., Ltd.0.60%$0.1415.30%
002050.SZZhejiang Sanhua Intelligent Controls Co.,Ltd0.60%$0.3334.64%
002161.SZInvengo Information Technology Co., Ltd0.60%$0.0429.57%
002472.SZZhejiang Shuanghuan Driveline Co., Ltd.0.60%$0.2920.47%
002765.SZLandai Technology Group Corp., Ltd.0.60%$0.0827.22%
010120.KSLS ELECTRIC Co., Ltd.0.60%$2,945.8832.90%
017550.KSSoosan Cebotics Co., Ltd.0.60%$10.025.13%
039440.KQSTI Co., Ltd.0.60%$199.0111.65%
2782.TSeria Co., Ltd.0.60%$21.017.80%
300124.SZShenzhen Inovance Technology Co.,Ltd0.60%$0.4523.25%
300702.SZZhejiang Tianyu Pharmaceutical Co., Ltd.0.60%$0.1425.44%
336570.KQWON TECH Co.,Ltd.0.60%$49.8011.16%
3673.TBroadleaf Co., Ltd.0.60%$4.4038.38%
6442.TWEZconn Corporation0.60%$8.3444.18%
688557.SSBlueSword Intelligent Technology Co.,Ltd.0.60%$0.2215.86%
688579.SSDareway Software Co.,Ltd.0.60%$0.0740.32%
7011.TMitsubishi Heavy Industries, Ltd.0.60%$22.9530.46%