Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

First Trust Specialty Finance and Financial Opportunities Fund (FGB)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$10.24 - $14.95$12.52
Multi-Stage$18.09 - $19.85$18.96
Blended Fair Value$15.74
Current Price$4.28
Upside267.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-15.24%0.00%0.370.330.330.330.350.830.700.700.700.69
YoY Growth--10.61%0.00%0.00%-6.36%-57.76%19.37%0.08%0.09%1.18%0.00%
Dividend Yield--8.53%9.85%9.46%8.25%10.74%14.14%11.52%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19.61
(-) Cash Dividends Paid (M)9.99
(=) Cash Retained (M)9.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.922.451.47
Cash Retained (M)9.639.639.63
(-) Cash Required (M)-3.92-2.45-1.47
(=) Excess Retained (M)5.717.188.16
(/) Shares Outstanding (M)14.3714.3714.37
(=) Excess Retained per Share0.400.500.57
LTM Dividend per Share0.700.700.70
(+) Excess Retained per Share0.400.500.57
(=) Adjusted Dividend1.091.191.26
WACC / Discount Rate8.45%8.45%8.45%
Growth Rate-2.00%-1.00%0.00%
Fair Value$10.24$12.52$14.95
Upside / Downside139.35%192.45%249.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19.6119.4219.2219.0318.8418.6519.21
Payout Ratio50.91%58.73%66.55%74.36%82.18%90.00%92.50%
Projected Dividends (M)9.9911.4012.7914.1515.4816.7917.77

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.45%8.45%8.45%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)10.4110.5210.62
Year 2 PV (M)10.6610.8811.10
Year 3 PV (M)10.7611.1011.44
Year 4 PV (M)10.7511.1911.65
Year 5 PV (M)10.6411.1911.77
PV of Terminal Value (M)206.70217.47228.67
Equity Value (M)259.92272.34285.25
Shares Outstanding (M)14.3714.3714.37
Fair Value$18.09$18.96$19.85
Upside / Downside322.68%342.88%363.87%

High-Yield Dividend Screener

« Prev Page 116 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
601717.SSZCZL Industrial Technology Group Company Limited Class A0.47%$0.124.37%
603999.SSDuZhe Publish&Media Co.,Ltd0.47%$0.0327.06%
605196.SSHebei Huatong Wires and Cables Group Co., Ltd.0.47%$0.1627.88%
6831.TWOTaiwan Microloops Corp.0.47%$1.1234.18%
7715.TNagano Keiki Co., Ltd.0.47%$11.384.07%
ORIENTCQ.BOOriental Carbon & Chemicals Limited0.47%$3.599.54%
SABE.PASaint Jean Groupe S.A.0.47%$0.1010.99%
SANDSandstorm Gold Ltd.0.47%$0.0649.36%
000967.SZInfore Environment Technology Group Co., Ltd.0.46%$0.0328.13%
002517.SZKingnet Network Co., Ltd.0.46%$0.1011.06%
002687.SZZhejiang Giuseppe Garment Co., Ltd0.46%$0.0218.23%
012450.KSHanwha Aerospace Co., Ltd.0.46%$4,318.978.54%
017960.KSHankuk Carbon Co., Ltd.0.46%$127.059.66%
0580.HKSun.King Technology Group Limited0.46%$0.016.21%
300615.SZXDC Industries (Shenzhen) Limited0.46%$0.0684.60%
3017.TWAsia Vital Components Co., Ltd.0.46%$6.7322.60%
5939.TOtani Kogyo Co.,Ltd.0.46%$29.848.22%
600883.SSYunnan Bowin Technology Industry Co.,Ltd0.46%$0.0424.13%
603078.SSJiangyin Jianghua Microelectronics Materials Co., Ltd0.46%$0.0835.00%
603881.SSShanghai AtHub Co.,Ltd.0.46%$0.1468.23%
605086.SSLongyan Kaolin Clay Co., Ltd.0.46%$0.2133.54%
688318.SSShenzhen Fortune Trend technology Co., Ltd.0.46%$0.6032.56%
7581.TSaizeriya Co.,Ltd.0.46%$25.1611.12%
CASN3.SACompanhia Catarinense de Águas e Saneamento - CASAN0.46%$0.0516.52%
000100.KSYuhan Corporation0.45%$506.9855.01%
002580.SZShandong Sacred Sun Power Sources Co.,Ltd0.45%$0.0612.88%
002595.SZHimile Mechanical Science and Technology (Shandong) Co., Ltd0.45%$0.3812.60%
300239.SZBaotou Dongbao Bio-Tech Co.,Ltd0.45%$0.0322.62%
300442.SZRange Intelligent Computing Technology Group Company Limited0.45%$0.248.12%
300850.SZLuoyang Xinqianglian Slewing Bearing Co., Ltd.0.45%$0.189.66%
300877.SZAnHui Jinchun Nonwoven Co., Ltd.0.45%$0.1316.98%
3013.TWChenming Electronic Tech. Corp.0.45%$0.5915.42%
600353.SSChengdu Xuguang Electronics Co., Ltd.0.45%$0.0749.07%
600668.SSZhejiang Jianfeng Group Co., Ltd.0.45%$0.053.04%
600673.SSGuangdong Hec Technologyholding Co., Ltd0.45%$0.1030.44%
600980.SSBGRIMM Technology Co., Ltd.0.45%$0.1017.50%
601117.SSChina National Chemical Engineering Co., Ltd0.45%$0.033.39%
603678.SSFujian Torch Electron Technology Co., Ltd.0.45%$0.1626.27%
ADVE.STAdvenica AB (publ)0.45%$0.0916.90%
DSV.CODSV A/S0.45%$7.1516.56%
MTRS.STMunters Group AB (publ)0.45%$0.8853.87%
ODL.OLOdfjell Drilling Ltd.0.45%$0.4090.93%
POLYCAB.BOPolycab India Limited0.45%$34.9321.40%
002276.SZZhejiang Wanma Co., Ltd.0.44%$0.0715.00%
035420.KSNAVER Corporation0.44%$1,089.508.47%
074600.KQWonik QnC Corporation0.44%$99.819.58%
214150.KQCLASSYS Inc.0.44%$257.0016.59%
300113.SZHangzhou Shunwang Technology Co,Ltd0.44%$0.0916.69%
300557.SZWuhan Ligong Guangke Co., Ltd.0.44%$0.1639.53%
300772.SZWindey Energy Technology Group Co., Ltd.0.44%$0.0814.53%