Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

John Hancock Tax-Advantaged Dividend Income Fund (HTD)

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

Valuation Snapshot

Stable Growth$51.99 - $79.65$64.90
Multi-Stage$83.98 - $92.08$87.95
Blended Fair Value$76.43
Current Price$22.91
Upside233.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.20%1.56%1.661.681.651.671.652.052.181.821.471.50
YoY Growth---1.26%1.88%-1.40%1.27%-19.67%-5.84%19.92%23.57%-2.23%6.06%
Dividend Yield--7.20%10.18%7.23%6.80%8.68%7.48%9.74%7.10%6.17%7.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)201.04
(-) Cash Dividends Paid (M)102.68
(=) Cash Retained (M)98.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)40.2125.1315.08
Cash Retained (M)98.3698.3698.36
(-) Cash Required (M)-40.21-25.13-15.08
(=) Excess Retained (M)58.1573.2383.28
(/) Shares Outstanding (M)35.4335.4335.43
(=) Excess Retained per Share1.642.072.35
LTM Dividend per Share2.902.902.90
(+) Excess Retained per Share1.642.072.35
(=) Adjusted Dividend4.544.965.25
WACC / Discount Rate8.25%8.25%8.25%
Growth Rate-0.44%0.56%1.56%
Fair Value$51.99$64.90$79.65
Upside / Downside126.94%183.30%247.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)201.04202.16203.30204.43205.58206.73212.93
Payout Ratio51.08%58.86%66.65%74.43%82.22%90.00%92.50%
Projected Dividends (M)102.68118.99135.49152.16169.02186.06196.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.25%8.25%8.25%
Growth Rate-0.44%0.56%1.56%
Year 1 PV (M)108.83109.92111.02
Year 2 PV (M)113.33115.62117.93
Year 3 PV (M)116.40119.95123.56
Year 4 PV (M)118.26123.08128.05
Year 5 PV (M)119.06125.16131.51
PV of Terminal Value (M)2,399.652,522.612,650.56
Equity Value (M)2,975.533,116.343,262.62
Shares Outstanding (M)35.4335.4335.43
Fair Value$83.98$87.95$92.08
Upside / Downside266.56%283.91%301.93%

High-Yield Dividend Screener

« Prev Page 114 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002026.SZShandong Weida Machinery Co., Ltd.0.51%$0.0810.33%
005290.KQDongjin Semichem Co., Ltd.0.51%$201.318.88%
042670.KSHD Hyundai Infracore Co., Ltd.0.51%$69.8029.90%
043150.KQValue Added Technology Co., Ltd.0.51%$100.023.01%
098460.KQKoh Young Technology Inc.0.51%$138.2152.02%
300115.SZShenzhen Everwin Precision Technology Co., Ltd.0.51%$0.2450.31%
300473.SZFuxin Dare Automotive Parts Co., Ltd.0.51%$0.1526.00%
300650.SZTecnon Electronics Co., Ltd.0.51%$0.0833.85%
300722.SZJiangxi Xinyu Guoke Technology Co., Ltd0.51%$0.1880.85%
300930.SZHangzhou Yitong New Material Co., Ltd.0.51%$0.1526.67%
301000.SZShanghai Hajime Advanced Material Technology Co., Ltd.0.51%$0.2033.61%
301012.SZJiangsu Yangdian Science & Technology Co. Ltd.0.51%$0.1451.85%
3387.TCreate Restaurants Holdings Inc.0.51%$3.9930.05%
4050.SRSaudi Automotive Services Company0.51%$0.2938.33%
600506.SSTongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A0.51%$0.1347.25%
601696.SSBOC International (China) Co. Ltd.0.51%$0.0819.18%
603063.SSShenzhen Hopewind Electric Co., Ltd.0.51%$0.1714.73%
603160.SSShenzhen Goodix Technology Co., Ltd.0.51%$0.4122.46%
603300.SSZhejiang Haikong Nanke Huatie Digital Technology Co., Ltd. Class A0.51%$0.0412.23%
603738.SSTKD Science and Technology Co.,Ltd.0.51%$0.0880.55%
688088.SSArcSoft Corporation Limited0.51%$0.2543.82%
CENCOSUD.SNCencosud S.A.0.51%$15.0611.46%
KIN2.DEKinross Gold Corporation0.51%$0.128.34%
MSZ.WAMostostal Zabrze S.A.0.51%$0.035.90%
VCAP.LVector Capital Plc0.51%$0.0573.28%
000534.SZWedge Industrial Co.,Ltd.0.50%$0.1125.25%
000977.SZInspur Electronic Information Industry Co., Ltd.0.50%$0.3319.71%
002400.SZGuangdong Advertising Group Co.,Ltd0.50%$0.0473.00%
002806.SZGuangdong Huafeng New Energy Technology Co.,Ltd.0.50%$0.0619.01%
003043.SZSuzhou Huaya Intelligence Technology Co., Ltd.0.50%$0.2348.11%
042700.KSHANMI Semiconductor Co., Ltd.0.50%$717.1028.27%
0GOX.LPolytec Holding AG0.50%$0.0214.11%
0YAY.LVitrolife AB (publ)0.50%$1.1033.79%
1730.HKLHN Limited0.50%$0.0219.85%
2316.TWWUS Printed Circuit Co., Ltd.0.50%$0.506.30%
300443.SZJinlei Technology Co., Ltd.0.50%$0.1413.60%
600834.SSShanghai Shentong Metro Co.,Ltd.0.50%$0.0456.35%
603928.SSSuzhou Xingye Materials Technology Co.,Ltd.0.50%$0.0826.88%
605376.SSJiangsu Boqian New Materials Stock Co., Ltd.0.50%$0.3255.13%
6641.TNissin Electric Co., Ltd.0.50%$8.497.92%
688169.SSBeijing Roborock Technology Co., Ltd.0.50%$0.7612.76%
688798.SSShanghai Awinic Technology Co.,Ltd.0.50%$0.3824.95%
AMAN.JKPT Makmur Berkah Amanda Tbk0.50%$1.005.46%
ELOS-B.STElos Medtech AB (publ)0.50%$1.0114.74%
EXPL.PAEPC Groupe0.50%$1.044.79%
RHM.DERheinmetall AG0.50%$7.9744.89%
TFPMTriple Flag Precious Metals Corp.0.50%$0.1616.49%
000722.SZHunan Development Group Co.,Ltd0.49%$0.0637.76%
002126.SZZhejiang Yinlun Machinery Co.,Ltd.0.49%$0.1918.19%
002228.SZXiamen Hexing Packaging Printing Co., Ltd.0.49%$0.0224.24%