Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Vector Group Ltd. (VGR)

Company Dividend Discount ModelIndustry: TobaccoSector: Consumer Defensive

Valuation Snapshot

Stable Growth$8.39 - $11.89$10.12
Multi-Stage$15.94 - $17.50$16.71
Blended Fair Value$13.41
Current Price$10.94
Upside22.59%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS-10.95%-1.36%0.820.830.860.831.551.461.371.291.221.09
YoY Growth---1.58%-2.68%2.78%-46.18%5.72%6.56%6.30%5.74%12.44%15.63%
Dividend Yield--7.66%6.94%7.11%5.97%16.43%14.14%7.43%7.19%6.50%6.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)199.67
(-) Cash Dividends Paid (M)126.49
(=) Cash Retained (M)73.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)39.9324.9614.98
Cash Retained (M)73.1973.1973.19
(-) Cash Required (M)-39.93-24.96-14.98
(=) Excess Retained (M)33.2548.2358.21
(/) Shares Outstanding (M)153.96153.96153.96
(=) Excess Retained per Share0.220.310.38
LTM Dividend per Share0.820.820.82
(+) Excess Retained per Share0.220.310.38
(=) Adjusted Dividend1.041.131.20
WACC / Discount Rate8.60%8.60%8.60%
Growth Rate-3.36%-2.36%-1.36%
Fair Value$8.39$10.12$11.89
Upside / Downside-23.32%-7.52%8.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)199.67194.97190.37185.89181.50177.23182.54
Payout Ratio63.35%68.68%74.01%79.34%84.67%90.00%92.50%
Projected Dividends (M)126.49133.90140.89147.48153.68159.50168.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.60%8.60%8.60%
Growth Rate-3.36%-2.36%-1.36%
Year 1 PV (M)122.04123.30124.56
Year 2 PV (M)117.04119.47121.93
Year 3 PV (M)111.66115.16118.73
Year 4 PV (M)106.04110.50115.10
Year 5 PV (M)100.31105.61111.13
PV of Terminal Value (M)1,897.781,998.022,102.45
Equity Value (M)2,454.872,572.062,693.90
Shares Outstanding (M)153.96153.96153.96
Fair Value$15.94$16.71$17.50
Upside / Downside45.75%52.70%59.94%

High-Yield Dividend Screener

« Prev Page 117 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300953.SZNingbo Zhenyu Technology Co., Ltd.0.44%$0.7526.39%
301629.SZSidea Semiconductor Eqpmnt Shnzhn Co Ltd0.44%$0.9676.62%
301658.SZShenzhen SOFARSOLAR Co Ltd0.44%$0.1333.30%
600103.SSFujian Qingshan Paper Industry Co.,Ltd.0.44%$0.0264.49%
603053.SSChengdu Gas Group Corporation Ltd.0.44%$0.047.67%
688600.SSAnHui Wanyi Science and Technology Co., Ltd.0.44%$0.1119.32%
688626.SSXiangyu Medical Co.,Ltd0.44%$0.2756.22%
688639.SSAnhui Huaheng Biotechnology Co., Ltd.0.44%$0.1418.91%
AMBU-B.COAmbu A/S0.44%$0.3828.41%
BPII.JKPT Batavia Prosperindo Internasional Tbk0.44%$2.2217.32%
FCP.LSFutebol Clube do Porto - Futebol, S.A.D.0.44%$0.022.05%
KBHL.COKøbenhavns Lufthavne A/S0.44%$29.7620.97%
MPARK.ISMLP Saglik Hizmetleri A.S.0.44%$1.676.39%
002016.SZGuangdong Shirongzhaoye Co., Ltd.0.43%$0.0314.72%
002209.SZGuangzhou Tech-Long Packaging Machinery Co.,Ltd.0.43%$0.0710.41%
002284.SZZhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd0.43%$0.0612.25%
041510.KQSM Entertainment Co., Ltd.0.43%$563.024.16%
047810.KSKorea Aerospace Industries, Ltd.0.43%$499.4835.55%
0NZY.LEckert & Ziegler Strahlen- und Medizintechnik AG0.43%$0.1726.23%
2418.HKDeewin Tianxia Co., Ltd0.43%$0.0468.23%
300341.SZMotic (Xiamen) Electric Group Co.,Ltd0.43%$0.0719.78%
300430.SZBeijing Chieftain Control Engineering Technology Co., Ltd.0.43%$0.0834.35%
300748.SZJL Mag Rare-Earth Co., Ltd.0.43%$0.1532.76%
300768.SZHangzhou DPtech Technologies Co.,Ltd.0.43%$0.0831.33%
300952.SZJiangsu Hanvo Safety Product Co., Ltd.0.43%$0.1730.16%
600570.SSHundsun Technologies Inc.0.43%$0.1323.49%
600644.SSLeshan Electric Power Co.,Ltd0.43%$0.0489.82%
600838.SSShanghai Join Buy Co.,Ltd.0.43%$0.0544.04%
601816.SSBeijing-Shanghai High-Speed Railway Co.,Ltd.0.43%$0.028.25%
603888.SSXinhuanet Co., Ltd.0.43%$0.0819.84%
603901.SSHangzhou Youngsun Intelligent Equipment Co., Ltd.0.43%$0.0643.84%
605208.SSShanghai Yongmaotai Automotive Technology Co., Ltd.0.43%$0.0637.04%
605288.SSChangZhou KAIDI Electrical Inc.0.43%$0.3961.87%
605298.SSJiangsu Bide Science and Technology Co., Ltd.0.43%$0.1740.89%
688398.SSFujian Supertech Advanced Material Co., Ltd.0.43%$0.0732.93%
688722.SSBeijing Tongyizhong New Material Technology Corporation0.43%$0.0813.41%
9545.SRInternational Human Resources Company0.43%$0.038.72%
CARERATING.BOCARE Ratings Limited0.43%$7.3214.43%
PTNMPitanium Limited0.43%$0.0439.07%
RRU.DERolls-Royce Holdings plc0.43%$0.066.75%
SUBC.OLSubsea 7 S.A.0.43%$0.8991.98%
TRGYO.ISTorunlar Gayrimenkul Yatirim Ortakligi AS0.43%$0.321.96%
000713.SZSDIC Fengle Seed Co., Ltd.0.42%$0.0333.87%
000948.SZYunnan Nantian Electronics Information Co.,Ltd.0.42%$0.0860.66%
002259.SZSichuan Shengda Forestry Industry Co., Ltd0.42%$0.0223.17%
002344.SZHaining China Leather Market Co.,Ltd0.42%$0.0233.20%
002399.SZShenzhen Hepalink Pharmaceutical Group Co., Ltd.0.42%$0.0517.39%
002670.SZGuosheng Securities Inc0.42%$0.0741.55%
003160.KSD.I Corporation0.42%$100.2218.13%
237690.KQST Pharm Co.,Ltd.0.42%$486.8627.31%