Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Carlyle Secured Lending, Inc. (CGBD)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$43.28 - $226.60$86.88
Multi-Stage$24.77 - $27.06$25.89
Blended Fair Value$56.39
Current Price$12.50
Upside351.09%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-58.69%-19.90%0.021.430.000.001.491.651.441.170.940.55
YoY Growth---98.61%0.00%0.00%-100.00%-9.85%14.78%22.69%24.25%72.15%199.95%
Dividend Yield--0.12%8.90%0.00%0.00%11.27%31.61%9.79%6.55%5.21%3.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)73.94
(-) Cash Dividends Paid (M)40.73
(=) Cash Retained (M)33.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.799.245.55
Cash Retained (M)33.2233.2233.22
(-) Cash Required (M)-14.79-9.24-5.55
(=) Excess Retained (M)18.4323.9727.67
(/) Shares Outstanding (M)64.9064.9064.90
(=) Excess Retained per Share0.280.370.43
LTM Dividend per Share0.630.630.63
(+) Excess Retained per Share0.280.370.43
(=) Adjusted Dividend0.911.001.05
WACC / Discount Rate7.72%7.72%7.72%
Growth Rate5.50%6.50%7.50%
Fair Value$43.28$86.88$226.60
Upside / Downside246.21%595.04%1,712.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)73.9478.7583.8789.3295.13101.31104.35
Payout Ratio55.08%62.06%69.05%76.03%83.02%90.00%92.50%
Projected Dividends (M)40.7348.8757.9167.9178.9791.1896.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.72%7.72%7.72%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)44.9545.3745.80
Year 2 PV (M)48.9749.9050.85
Year 3 PV (M)52.8154.3355.87
Year 4 PV (M)56.4758.6560.88
Year 5 PV (M)59.9662.8665.87
PV of Terminal Value (M)1,344.271,409.191,476.61
Equity Value (M)1,607.431,680.301,755.87
Shares Outstanding (M)64.9064.9064.90
Fair Value$24.77$25.89$27.06
Upside / Downside98.15%107.13%116.45%

High-Yield Dividend Screener

« Prev Page 111 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
81299.HKAia-r0.60%$0.4443.34%
BNLI.JKPT Bank Permata Tbk0.60%$30.0029.63%
FFH.TOFairfax Financial Holdings Limited0.60%$15.517.53%
LFLO.JKPT Imago Mulia Persada Tbk0.60%$4.0028.31%
PATELSAI.BOPatels Airtemp (India) Limited0.60%$1.506.97%
RNRRenaissanceRe Holdings Ltd.0.60%$1.634.46%
000532.SZZhuhai Huajin Capital Co., Ltd.0.59%$0.1014.74%
002827.SZTibet GaoZheng Explosive Co., Ltd.0.59%$0.2237.58%
0780.HKTongcheng Travel Holdings Limited0.59%$0.1412.70%
2440.TGurunavi, Inc.0.59%$0.9658.64%
300167.SZShenzhen Division Co.,Ltd.0.59%$0.0377.39%
300241.SZShenzhen Refond Optoelectronics Co.,Ltd.0.59%$0.0359.54%
300927.SZNantong JiangTian Chemical Co., Ltd.0.59%$0.147.30%
600428.SSCOSCO SHIPPING Specialized Carriers Co.,Ltd.0.59%$0.046.88%
600629.SSArcplus Group PLC0.59%$0.1341.63%
688118.SSPrimeton Information Technologies, Inc.0.59%$0.1544.13%
7936.TASICS Corporation0.59%$22.0418.54%
9593.SRPan Gulf Marketing Co.0.59%$0.112.85%
000603.SZShengda Resources Co.,Ltd.0.58%$0.1823.98%
001239.SZXiangtan Yongda Mach Mnfg Co0.58%$0.0921.29%
002300.SZFujian Nanping Sun Cable Co., Ltd.0.58%$0.0547.47%
002492.SZZhuhai Winbase International Chemical Tank Terminal Co.,Ltd0.58%$0.0533.06%
002838.SZShandong Dawn Polymer Co.,Ltd.0.58%$0.1437.89%
301535.SZZhejiang Huayuan Auto Technology Co Ltd0.58%$0.1342.90%
600210.SSShanghai Zijiang Enterprise Group Co., Ltd.0.58%$0.045.20%
600218.SSAnhui Quanchai Engine Co., Ltd.0.58%$0.0628.92%
600628.SSShanghai New World Co., Ltd0.58%$0.0542.45%
601869.SSYangtze Optical Fibre And Cable Joint Stock Limited Company0.58%$0.6888.82%
601900.SSSouthern Publishing and Media Co.,Ltd.0.58%$0.086.09%
603093.SSNanhua Futures Co., Ltd.0.58%$0.1115.08%
6692.TWOAcmepoint Energy Services Co.,LTD0.58%$0.177.39%
8440.TWOE&E Recycling,Inc.0.58%$0.1481.09%
GSMF.JKPT Equity Development Investment Tbk0.58%$0.6523.23%
HUB.AXHUB24 Limited0.58%$0.5636.27%
MAPA.JKPT Map Aktif Adiperkasa Tbk0.58%$4.008.06%
SELEC.ISSelçuk Ecza Deposu Ticaret ve Sanayi A.S.0.58%$0.4632.67%
000400.KSLotte Non - Life Insurance Co., Ltd.0.57%$9.968.06%
003031.SZHebei Sinopack Electronic Technology Co.,Ltd.0.57%$0.4230.89%
300133.SZZhejiang Huace Film & TV Co., Ltd.0.57%$0.0535.19%
300687.SZGuangzhou Sie Consulting Co., Ltd.0.57%$0.1372.96%
300879.SZNingbo Daye Garden Machinery Co.,Ltd.0.57%$0.1728.45%
301188.SZShandong Linuo Technical Glass Co.,Ltd.0.57%$0.1050.00%
3141.TWelcia Holdings Co., Ltd.0.57%$18.1620.70%
3197.TSkylark Holdings Co., Ltd.0.57%$19.0725.19%
4577.TDaito Pharmaceutical Co.,Ltd.0.57%$7.7411.68%
600846.SSShanghai Tongji Science&Technology Industrial Co.,Ltd0.57%$0.0817.65%
601021.SSSpring Airlines Co., Ltd.0.57%$0.3416.50%
601208.SSSichuan Em Technology Co., Ltd.0.57%$0.1568.28%
603090.SSWuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.0.57%$0.3147.68%
PRINC.BKPrincipal Capital Public Company Limited0.57%$0.0113.01%