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 118 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300046.SZTech Semiconductors Co., Ltd.0.42%$0.1554.07%
300633.SZSonoScape Medical Corp.0.42%$0.1171.26%
300784.SZNingbo Lian Technology Co Ltd0.42%$0.2118.81%
3848.HKHaosen Fintech Group Limited0.42%$0.0540.14%
603315.SSLiaoning Fu-An Heavy Industry Co.,Ltd0.42%$0.0743.72%
688116.SSJiangsu Cnano Technology Co., Ltd.0.42%$0.2027.70%
9031.TNishi-Nippon Railroad Co., Ltd.0.42%$11.733.17%
FTITechnipFMC plc0.42%$0.208.56%
OET.OLOkeanis Eco Tankers Corp.0.42%$1.3757.51%
000426.SZInner Mongolia Xingye Mining Co., Ltd.0.41%$0.1516.34%
000733.SZChina Zhenhua (Group) Science & Technology Co., Ltd0.41%$0.2212.62%
002558.SZGiant Network Group Co., Ltd.0.41%$0.1814.46%
011500.KSHannong Chemicals Inc.0.41%$59.2815.90%
060370.KSLS Marine Solution Co Ltd0.41%$119.8745.71%
131370.KQRSUPPORT Co., Ltd.0.41%$10.1720.12%
2059.TWKing Slide Works Co., Ltd.0.41%$14.1421.00%
2303.TDawn Corp.0.41%$10.087.82%
300813.SZZhejiang Tailin BioEngineering Co.,Ltd0.41%$0.1074.11%
300836.SZKunshan TopA Intelligent Equipment Co.,Ltd0.41%$0.2234.17%
300995.SZGuangdong Kitech New Material Holding Co.,Ltd.0.41%$0.1789.60%
5309.KLITMAX System Berhad0.41%$0.0222.92%
600783.SSLuxin Venture Capital Group Co., Ltd.0.41%$0.1043.43%
6151.TNitto Kohki Co., Ltd.0.41%$7.5127.44%
688668.SSDongguan Dingtong Precision Metal Co., Ltd.0.41%$0.5033.68%
688698.SSSuzhou Veichi Electric Co., Ltd.0.41%$0.4133.51%
9676.HKShiyue Daotian Group Co., Ltd.0.41%$0.0317.00%
DISAQ.BODisa India Limited0.41%$50.0015.15%
IBE.MCIberdrola, S.A.0.41%$0.088.79%
KPG.AXKelly Partners Group Holdings Limited0.41%$0.0312.00%
MOTHERSON.BOSamvardhana Motherson International Limited0.41%$0.5016.34%
NMMNavios Maritime Partners L.P.0.41%$0.212.32%
000962.SZNingxia Orient Tantalum Industry Co., Ltd.0.40%$0.1325.03%
001267.SZHui Lyu Ecological Technology Groups Co.,Ltd.0.40%$0.0975.27%
002144.SZHongda High-Tech Holding Co.,Ltd.0.40%$0.0540.68%
002201.SZJiangsu Jiuding New Material Co., Ltd.0.40%$0.0538.29%
002607.SZOffcn Education Technology Co., Ltd.0.40%$0.0162.99%
300637.SZYangfan New Materials (Zhejiang) Co., Ltd.0.40%$0.0592.86%
300751.SZSuzhou Maxwell Technologies Co., Ltd.0.40%$0.8227.62%
301007.SZDalian Demaishi Precision Technology Co., Ltd.0.40%$0.1648.95%
301536.SZSigmaStar Technology Ltd0.40%$0.2439.50%
4483.TJMDC Inc.0.40%$15.8214.01%
600318.SSAnhui Xinli Finance Co., Ltd.0.40%$0.0448.95%
603613.SSBeijing United Information Technology Co.,Ltd.0.40%$0.115.56%
603683.SSShanghai Smith Adhesive New Material Co., Ltd0.40%$0.1046.99%
6562.TGeniee, Inc.0.40%$4.165.26%
688117.SSChengDu ShengNuo Biotec Co.,Ltd.0.40%$0.1521.06%
9720.THotel Newgrand Co.,Ltd.0.40%$24.628.65%
BELE.STBeijer Electronics Group AB (publ)0.40%$0.506.68%
CORU.LCorticeira Amorim, S.G.P.S., S.A.0.40%$0.2943.39%
002843.SZBichamp Cutting Technology (Hunan) Co., Ltd.0.39%$0.0846.56%