Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Allspring Utilities and High Income Fund (ERH)

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

Valuation Snapshot

Stable Growth$33.31 - $50.40$41.36
Multi-Stage$67.40 - $74.19$70.73
Blended Fair Value$56.05
Current Price$12.02
Upside366.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.000.800.920.910.870.960.910.920.910.92
YoY Growth---100.00%-12.75%0.29%4.66%-8.70%4.66%-1.01%1.09%-0.22%-0.53%
Dividend Yield--0.00%7.44%9.48%7.41%5.94%7.48%7.01%7.30%6.85%7.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)34.67
(-) Cash Dividends Paid (M)10.77
(=) Cash Retained (M)23.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.934.332.60
Cash Retained (M)23.9023.9023.90
(-) Cash Required (M)-6.93-4.33-2.60
(=) Excess Retained (M)16.9619.5621.30
(/) Shares Outstanding (M)8.988.988.98
(=) Excess Retained per Share1.892.182.37
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share1.892.182.37
(=) Adjusted Dividend3.093.383.57
WACC / Discount Rate7.08%7.08%7.08%
Growth Rate-2.00%-1.00%0.00%
Fair Value$33.31$41.36$50.40
Upside / Downside177.14%244.10%319.30%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)34.6734.3233.9833.6433.3032.9733.96
Payout Ratio31.06%42.85%54.64%66.43%78.21%90.00%92.50%
Projected Dividends (M)10.7714.7118.5722.3426.0529.6731.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.08%7.08%7.08%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)13.6013.7313.87
Year 2 PV (M)15.8616.1916.52
Year 3 PV (M)17.6518.2018.75
Year 4 PV (M)19.0219.8120.62
Year 5 PV (M)20.0321.0722.16
PV of Terminal Value (M)519.28546.32574.48
Equity Value (M)605.44635.33666.40
Shares Outstanding (M)8.988.988.98
Fair Value$67.40$70.73$74.19
Upside / Downside460.76%488.44%517.22%

High-Yield Dividend Screener

« Prev Page 115 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002515.SZJinzi Ham Co.,Ltd.0.49%$0.0366.70%
094480.KQGalaxiaMoneytree Co.,Ltd0.49%$45.0538.73%
0JG5.LBittium Oyj0.49%$0.1452.63%
0REZ.LAddLife AB (publ)0.49%$0.7523.10%
102710.KQENF Technology Co., Ltd.0.49%$243.137.08%
300171.SZTofflon Science and Technology Group Co., Ltd.0.49%$0.0833.65%
300351.SZZhejiang Yonggui Electric Equipment Co., Ltd.0.49%$0.0935.92%
600528.SSChina Railway Hi-tech Industry Corporation Limited0.49%$0.046.13%
600592.SSFujian Longxi Bearing (Group) Co., Ltd0.49%$0.1369.32%
603179.SSJiangsu Xinquan Automotive Trim Co.,Ltd.0.49%$0.3619.37%
688377.SSNanjing Develop Advanced Manufacturing Co., Ltd.0.49%$0.1830.90%
688617.SSAPT Medical Inc.0.49%$1.2022.16%
688728.SSGalaxyCore Inc.0.49%$0.0781.53%
8818.TKeihanshin Building Co., Ltd.0.49%$9.539.42%
ALSTI.PASTIF S.a.0.49%$0.265.48%
BRGE5.SAConsórcio Alfa de Administração S.A.0.49%$0.0714.26%
DNORD.CODampskibsselskabet Norden A/S0.49%$1.2325.43%
MAKRO.BKSiam Makro Public Company Limited0.49%$0.1824.56%
OROR Royalties Inc.0.49%$0.1722.03%
SEALMATIC.BOSealmatic India Limited0.49%$1.837.91%
TUB.BRFinancière de Tubize S.A.0.49%$1.0425.35%
ZFSTEERING.BOZF Steering Gear (India) Limited0.49%$3.9533.81%
000931.SZBeijing Centergate Technologies (holding) Co., Ltd.0.48%$0.0234.16%
002051.SZChina CAMC Engineering Co., Ltd.0.48%$0.0418.75%
002245.SZJiangsu Azure Corporation0.48%$0.0913.88%
002510.SZTianjin Motor Dies Co.,Ltd.0.48%$0.0462.40%
002518.SZShenzhen KSTAR Science and Technology Co., Ltd.0.48%$0.2327.91%
002625.SZKuang-Chi Technologies Co., Ltd.0.48%$0.2369.49%
300718.SZZhejiang Changsheng Sliding Bearings Co., Ltd.0.48%$0.4149.19%
3162.TWOUnited Alloy-Tech Company0.48%$0.3012.28%
5452.TWOUNIC Technology Corp.0.48%$0.1550.09%
600580.SSWolong Electric Group Co.,Ltd.0.48%$0.2437.73%
603217.SSYuanli Chemical Group Co.,Ltd.0.48%$0.1212.42%
603701.SSZhejiang Dehong Automotive Electronic & Electrical Co., Ltd.0.48%$0.1060.08%
688259.SSTriductor Technology (Suzhou) Inc.0.48%$0.2027.03%
688501.SSQingdao Daneng Environmental Protection Equipment Co., Ltd.0.48%$0.138.66%
688621.SSBeijing Sun-Novo Pharmaceutical Research Co., Ltd.0.48%$0.3024.53%
688800.SSSuzhou Recodeal Interconnect System Co.,Ltd0.48%$0.4027.01%
SOLA.JKXolare RCR Energy Tbk.0.48%$0.609.38%
001339.SZJWIPC Technology Co., Ltd.0.47%$0.2433.98%
003002.SZShanxi Huhua Group Co., Ltd.0.47%$0.1516.74%
067310.KQHANA Micron Inc.0.47%$124.2534.47%
300059.SZEast Money Information Co.,Ltd.0.47%$0.1113.64%
300334.SZTianjin MOTIMO Membrane Technology Co.,Ltd0.47%$0.0340.56%
300458.SZAllwinnertech Technology Co.,Ltd.0.47%$0.2055.67%
300801.SZShandong Taihe Water Treatment Technologies Co., Ltd.0.47%$0.1322.29%
3888.HKKingsoft Corporation Limited0.47%$0.1411.27%
600508.SSShanghai Datun Energy Resources Co., Ltd.0.47%$0.0611.54%
600927.SSYongan Futures0.47%$0.0817.34%
600967.SSInner Mongolia First Machinery Group Co.,Ltd.0.47%$0.0825.49%