Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

PPL Corporation (PPL)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$13.17 - $20.09$16.41
Multi-Stage$24.67 - $27.06$25.84
Blended Fair Value$21.13
Current Price$33.89
Upside-37.66%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.92%-2.55%1.010.951.061.721.721.611.531.441.391.35
YoY Growth--6.11%-10.55%-38.47%0.31%6.96%5.21%5.69%4.08%2.59%3.83%
Dividend Yield--2.79%3.45%3.81%6.03%5.96%6.51%4.82%5.10%3.71%3.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,092.00
(-) Cash Dividends Paid (M)783.00
(=) Cash Retained (M)309.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)218.40136.5081.90
Cash Retained (M)309.00309.00309.00
(-) Cash Required (M)-218.40-136.50-81.90
(=) Excess Retained (M)90.60172.50227.10
(/) Shares Outstanding (M)742.32742.32742.32
(=) Excess Retained per Share0.120.230.31
LTM Dividend per Share1.051.051.05
(+) Excess Retained per Share0.120.230.31
(=) Adjusted Dividend1.181.291.36
WACC / Discount Rate7.58%7.58%7.58%
Growth Rate-1.25%-0.25%0.75%
Fair Value$13.17$16.41$20.09
Upside / Downside-61.14%-51.58%-40.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,092.001,089.281,086.571,083.861,081.161,078.471,110.83
Payout Ratio71.70%75.36%79.02%82.68%86.34%90.00%92.50%
Projected Dividends (M)783.00820.91858.63896.15933.48970.621,027.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.58%7.58%7.58%
Growth Rate-1.25%-0.25%0.75%
Year 1 PV (M)755.45763.10770.75
Year 2 PV (M)727.15741.96756.91
Year 3 PV (M)698.42719.85741.72
Year 4 PV (M)669.50697.03725.41
Year 5 PV (M)640.63673.73708.18
PV of Terminal Value (M)14,821.7615,587.5816,384.73
Equity Value (M)18,312.9119,183.2420,087.69
Shares Outstanding (M)742.32742.32742.32
Fair Value$24.67$25.84$27.06
Upside / Downside-27.21%-23.75%-20.15%

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%