Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$53.20 - $82.98$66.93
Multi-Stage$126.41 - $139.18$132.67
Blended Fair Value$99.80
Current Price$20.01
Upside398.74%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.87%0.00%1.311.601.681.791.681.601.671.791.791.79
YoY Growth---17.85%-4.82%-6.23%6.74%4.87%-4.03%-6.71%-0.18%0.02%0.00%
Dividend Yield--6.38%9.04%8.55%6.49%5.96%6.06%7.83%6.76%7.82%7.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)114.41
(-) Cash Dividends Paid (M)54.98
(=) Cash Retained (M)59.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22.8814.308.58
Cash Retained (M)59.4459.4459.44
(-) Cash Required (M)-22.88-14.30-8.58
(=) Excess Retained (M)36.5545.1450.86
(/) Shares Outstanding (M)20.5420.5420.54
(=) Excess Retained per Share1.782.202.48
LTM Dividend per Share2.682.682.68
(+) Excess Retained per Share1.782.202.48
(=) Adjusted Dividend4.464.875.15
WACC / Discount Rate6.21%6.21%6.21%
Growth Rate-2.00%-1.00%0.00%
Fair Value$53.20$66.93$82.98
Upside / Downside165.85%234.48%314.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)114.41113.27112.14111.02109.91108.81112.07
Payout Ratio48.05%56.44%64.83%73.22%81.61%90.00%92.50%
Projected Dividends (M)54.9863.9372.7081.2989.6997.93103.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.21%6.21%6.21%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)59.5860.1960.80
Year 2 PV (M)63.1564.4565.75
Year 3 PV (M)65.8167.8569.92
Year 4 PV (M)67.6870.4973.38
Year 5 PV (M)68.8772.4676.19
PV of Terminal Value (M)2,271.062,389.322,512.46
Equity Value (M)2,596.162,724.752,858.50
Shares Outstanding (M)20.5420.5420.54
Fair Value$126.41$132.67$139.18
Upside / Downside531.72%563.01%595.55%

High-Yield Dividend Screener

« Prev Page 113 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300201.SZXuzhou Handler Special Vehicle Co., Ltd0.54%$0.0413.64%
300254.SZShanXi C&Y Pharmaceutical Group Co., Ltd.0.54%$0.0666.26%
300618.SZNanjing Hanrui Cobalt Co.,Ltd.0.54%$0.2427.60%
300777.SZSinofibers Technology Co.,Ltd.0.54%$0.2223.25%
300835.SZSinomag Technology Co., Ltd.0.54%$0.3527.98%
300965.SZBeijing Hengyu Datacom Aviation Equipment co., Ltd.0.54%$0.3868.61%
301596.SZReach Machinery Co Ltd0.54%$0.4330.79%
5432.TWOSolomon Data International Corporation0.54%$1.0070.10%
5TP.SICNMC Goldmine Holdings Limited0.54%$0.0112.36%
600166.SSBeiqi Foton Motor Co., Ltd.0.54%$0.0216.31%
600171.SSShanghai Belling Co., Ltd.0.54%$0.1733.39%
600459.SSSino-Platinum Metals Co.,Ltd0.54%$0.1012.03%
600741.SSHUAYU Automotive Systems Company Limited0.54%$0.114.97%
600819.SSShanghai Yaohua Pilkington Glass Group Co., Ltd.0.54%$0.0428.59%
600906.SSCaida Securities Co., Ltd.0.54%$0.0411.87%
603949.SSXuelong Group Co.,Ltd0.54%$0.1027.46%
HMM-A.TOHammond Manufacturing Company Limited0.54%$0.063.93%
WPMWheaton Precious Metals Corp.0.54%$0.6429.16%
000525.SZNanjing Red Sun Co.,Ltd.0.53%$0.0341.59%
002481.SZYantai Shuangta Food Co., Ltd.0.53%$0.0350.34%
002590.SZZhejiang VIE Science & Technology Co., Ltd.0.53%$0.0819.59%
0069.HKShangri-La Asia Limited0.53%$0.0333.68%
010620.KSHd Hyundai Mipo Co. Ltd.0.53%$1,189.7714.34%
1299.HKAIA Group Limited0.53%$0.4443.34%
300580.SZWuxi Best Precision Machinery Co., Ltd.0.53%$0.1423.35%
301163.SZJiangsu Hongde Special Parts Co.,Ltd.0.53%$0.1432.32%
4916.TWParpro Corporation0.53%$0.3121.99%
600759.SSGeo-Jade Petroleum Corporation0.53%$0.0215.23%
6701.TNEC Corporation0.53%$28.0315.93%
688127.SSZhejiang Lante Optics Co., Ltd.0.53%$0.2026.44%
688608.SSBestechnic (Shanghai) Co., Ltd.0.53%$1.1930.21%
002333.SZZYF Lopsking Aluminum Co., Ltd.0.52%$0.0339.44%
120030.KSCHOSUN WELDING POHANG Co., Ltd0.52%$506.373.69%
1250.HKShandong Hi-Speed New Energy Group Limited0.52%$0.013.33%
267270.KSHyundai Construction Equipment Co., Ltd.0.52%$507.929.77%
294570.KQCOOCON Corporation0.52%$150.375.17%
300145.SZNanfang Pump Industry Co., Ltd. Class A0.52%$0.0218.75%
300236.SZShanghai Sinyang Semiconductor Materials Co., Ltd.0.52%$0.3339.76%
301165.SZRuijie Networks Co., Ltd.0.52%$0.4643.33%
3CP.FXiaomi Corporation0.52%$0.024.20%
5398.KLGamuda Berhad0.52%$0.0315.33%
600521.SSZhejiang Huahai Pharmaceutical Co., Ltd.0.52%$0.0928.05%
601880.SSLiaoning Port Co., Ltd.0.52%$0.0113.15%
605300.SSJiahe Foods Industry Co., Ltd.0.52%$0.0698.92%
8095.HKBeijing Beida Jade Bird Universal Sci-Tech Company Limited0.52%$0.0112.52%
WTC.AXWiseTech Global Limited0.52%$0.3620.57%
000631.SZShunfa Hengye Corporation0.51%$0.0238.02%
000768.SZAVIC Xi'an Aircraft Industry Group Company Ltd.0.51%$0.1333.44%
000936.SZJiangsu Huaxicun Co.,Ltd.0.51%$0.0411.81%
002023.SZSichuan Haite High-tech Co., Ltd.0.51%$0.0740.25%