Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tortoise Energy Infrastructure Corporation (TYG)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$111.15 - $160.02$134.99
Multi-Stage$184.14 - $202.02$192.91
Blended Fair Value$163.95
Current Price$40.50
Upside304.82%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-25.37%-9.91%2.592.572.701.422.3311.1910.649.8410.0110.04
YoY Growth--0.94%-5.00%90.78%-39.35%-79.14%5.19%8.12%-1.73%-0.28%36.55%
Dividend Yield--5.63%9.13%8.05%5.19%12.19%16.64%11.78%9.51%8.18%9.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)194.57
(-) Cash Dividends Paid (M)85.51
(=) Cash Retained (M)109.06
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)38.9124.3214.59
Cash Retained (M)109.06109.06109.06
(-) Cash Required (M)-38.91-24.32-14.59
(=) Excess Retained (M)70.1484.7494.46
(/) Shares Outstanding (M)12.3812.3812.38
(=) Excess Retained per Share5.666.847.63
LTM Dividend per Share6.916.916.91
(+) Excess Retained per Share5.666.847.63
(=) Adjusted Dividend12.5713.7514.53
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate-2.00%-1.00%0.00%
Fair Value$111.15$134.99$160.02
Upside / Downside174.45%233.31%295.10%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)194.57192.63190.70188.79186.90185.04190.59
Payout Ratio43.95%53.16%62.37%71.58%80.79%90.00%92.50%
Projected Dividends (M)85.51102.40118.94135.14151.00166.53176.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)92.9293.8794.82
Year 2 PV (M)97.9599.96101.99
Year 3 PV (M)100.99104.11107.30
Year 4 PV (M)102.40106.65111.02
Year 5 PV (M)102.48107.82113.38
PV of Terminal Value (M)1,783.451,876.321,973.01
Equity Value (M)2,280.192,388.722,501.52
Shares Outstanding (M)12.3812.3812.38
Fair Value$184.14$192.91$202.02
Upside / Downside354.68%376.32%398.81%

High-Yield Dividend Screener

« Prev Page 129 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002722.SZWuchan Zhongda Geron Co.,Ltd.0.17%$0.033.76%
039030.KQEO Technics Co., Ltd.0.17%$499.1615.81%
091990.KQCelltrion Healthcare Co., Ltd.0.17%$126.4846.75%
300180.SZHuafon Microfibre (Shanghai) Co., Ltd.0.17%$0.0149.87%
300546.SZShenzhen Emperor Technology Co., Ltd.0.17%$0.0522.83%
300733.SZChengdu Xiling Power Science & Technology Incorporated Company0.17%$0.0310.55%
300834.SZRastar Environmental Protection Materials Co.,Ltd.0.17%$0.0411.57%
300984.SZZhejiang JW Precision Machinery Co.,Ltd0.17%$0.1542.96%
600111.SSChina Northern Rare Earth (Group) High-Tech Co.,Ltd0.17%$0.0812.90%
601616.SSShanghai Guangdian Electric Group Co., Ltd.0.17%$0.0128.77%
603079.SSZhejiang Shengda Bio-Pharm Co., Ltd.0.17%$0.039.10%
603319.SSHunan Meihu Intelligent Manufacturing Co., Ltd.0.17%$0.0614.10%
603711.SSXIANGPIAOPIAO Food Co.,Ltd0.17%$0.026.57%
688385.SSShanghai Fudan Microelectronics Group Company Limited0.17%$0.1221.32%
9099.TChilled & Frozen Logistics Holdings Co., Ltd.0.17%$9.706.78%
GMEXICOB.MXGrupo México, S.A.B. de C.V.0.17%$0.3059.45%
OMN.JOOmnia Holdings Limited0.17%$13.8594.85%
000409.SZYunding Technology Co.,Ltd.0.16%$0.0219.37%
000908.SZHunan Jingfeng Pharmaceutical Co.,Ltd.0.16%$0.016.42%
002467.SZNET263 Ltd.0.16%$0.0117.22%
002476.SZShandong Polymer Biochemicals Co., Ltd.0.16%$0.0110.27%
002837.SZShenzhen Envicool Technology Co., Ltd.0.16%$0.1833.86%
1928.HKSands China Ltd.0.16%$0.0313.16%
300034.SZGaona Aero Material Co., Ltd.0.16%$0.0318.13%
300129.SZTSP Wind Power Group Co., Ltd Class A0.16%$0.026.41%
300260.SZKunshan Kinglai Hygienic Materials Co.,Ltd.0.16%$0.0921.86%
300644.SZNanjing Julong Science&Technology Co.,LTD0.16%$0.065.18%
600287.SSSoho Fashion Group Co., Ltd.0.16%$0.0115.16%
600416.SSXiangtan Electric Manufacturing Co. Ltd.0.16%$0.0313.48%
600630.SSShanghai Dragon Corporation0.16%$0.0118.99%
603986.SSGigaDevice Semiconductor (Beijing) Inc.0.16%$0.3416.54%
688019.SSAnji Microelectronics Technology (Shanghai) Co., Ltd.0.16%$0.368.24%
688519.SSNanya New Material Technology Co.,Ltd0.16%$0.1319.13%
688565.SSZhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd.0.16%$0.028.03%
8932.TWOWiselink Co., Ltd.0.16%$0.277.22%
CCJCameco Corporation0.16%$0.1613.24%
CCT.LThe Character Group plc0.16%$0.3965.59%
DOHL3.SADöhler S.A.0.16%$0.0114.11%
EQU.JOEquites Property Fund Limited0.16%$2.9197.24%
ESPA3.SAMPM Corpóreos S.A.0.16%$0.005.29%
INVP.LInvestec Group0.16%$0.9360.39%
LEW.JOLewis Group Limited0.16%$14.7959.54%
NCYF.LCQS New City High Yield Fund Limited0.16%$0.0881.46%
SPNTSiriusPoint Ltd.0.16%$0.032.02%
TGSU2.BATransportadora de Gas del Sur S.A.0.16%$15.402.85%
000036.SZChina Union Holdings Ltd.0.15%$0.0134.20%
000901.SZAerospace Hi-Tech Holding Group Co., Ltd.0.15%$0.0420.29%
000919.SZJinling Pharmaceutical Company Limited0.15%$0.0120.06%
002077.SZJiangsu Dagang Co., Ltd.0.15%$0.0229.00%
002602.SZZhejiang Century Huatong Group Co.,Ltd0.15%$0.035.13%