Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Thomson Reuters Corporation (TRI)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$75.17 - $167.74$108.65
Multi-Stage$101.09 - $110.85$105.88
Blended Fair Value$107.26
Current Price$155.33
Upside-30.95%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.70%-0.91%1.992.001.781.701.711.581.892.202.152.07
YoY Growth---0.51%12.77%4.54%-0.31%7.61%-16.38%-13.76%2.29%3.78%-5.28%
Dividend Yield--1.15%1.29%1.32%1.51%1.88%2.25%3.08%4.97%4.35%4.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,757.00
(-) Cash Dividends Paid (M)1,009.64
(=) Cash Retained (M)747.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)351.40219.63131.78
Cash Retained (M)747.36747.36747.36
(-) Cash Required (M)-351.40-219.63-131.78
(=) Excess Retained (M)395.96527.73615.58
(/) Shares Outstanding (M)450.73450.73450.73
(=) Excess Retained per Share0.881.171.37
LTM Dividend per Share2.242.242.24
(+) Excess Retained per Share0.881.171.37
(=) Adjusted Dividend3.123.413.61
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate2.21%3.21%4.21%
Fair Value$75.17$108.65$167.74
Upside / Downside-51.61%-30.05%7.99%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,757.001,813.381,871.571,931.631,993.612,057.582,119.31
Payout Ratio57.46%63.97%70.48%76.99%83.49%90.00%92.50%
Projected Dividends (M)1,009.641,160.041,319.051,487.071,664.521,851.821,960.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate2.21%3.21%4.21%
Year 1 PV (M)1,079.201,089.761,100.32
Year 2 PV (M)1,141.621,164.071,186.74
Year 3 PV (M)1,197.351,232.841,269.03
Year 4 PV (M)1,246.831,296.351,347.33
Year 5 PV (M)1,290.471,354.851,421.77
PV of Terminal Value (M)39,608.7241,584.6543,638.65
Equity Value (M)45,564.2147,722.5349,963.84
Shares Outstanding (M)450.73450.73450.73
Fair Value$101.09$105.88$110.85
Upside / Downside-34.92%-31.84%-28.64%

High-Yield Dividend Screener

« Prev Page 13 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
CLColgate-Palmolive Company2.88%$2.2462.40%
TCBKTriCo Bancshares2.87%$1.3537.83%
0U6R.LBunge Limited2.86%$3.0531.37%
FBMSThe First Bancshares, Inc.2.86%$0.9739.72%
RILYGB. Riley Financial, Inc. 5.00% Senior Notes due 20262.86%$0.5856.91%
CNSCohen & Steers, Inc.2.85%$1.8156.91%
MRBKMeridian Corporation2.85%$0.4927.85%
AMGNAmgen Inc.2.84%$9.3172.03%
BKHBlack Hills Corporation2.84%$1.9850.60%
GABCGerman American Bancorp, Inc.2.84%$1.1140.35%
HOMBHome Bancshares, Inc.2.84%$0.7934.17%
KOThe Coca-Cola Company2.84%$1.9665.04%
SBFGSB Financial Group, Inc.2.84%$0.6128.02%
TSBKTimberland Bancorp, Inc.2.84%$1.0027.24%
CATYCathay General Bancorp2.83%$1.3831.20%
CWTCalifornia Water Service Group2.83%$1.2253.25%
EBIXEbix, Inc.2.83%$0.0846.85%
CMS-PBConsumers Energy Company2.82%$2.1762.27%
EPRTEssential Properties Realty Trust, Inc.2.82%$0.8570.58%
GPKGraphic Packaging Holding Company2.82%$0.4324.85%
VALSXValue Line Select Growth Fund2.82%$0.8756.29%
CCNECNB Financial Corporation2.81%$0.7235.05%
ORRFOrrstown Financial Services, Inc.2.81%$0.9826.05%
TXNMTXNM Energy, Inc.2.80%$1.6586.75%
STCStewart Information Services Corporation2.79%$1.9554.56%
CVLYCodorus Valley Bancorp, Inc.2.77%$0.6728.98%
KKRSKKR Group Finance Co. IX LLC 4.2.77%$0.497.61%
SHBIShore Bancshares, Inc.2.77%$0.4828.28%
HNNAHennessy Advisors, Inc.2.76%$0.2721.11%
HONEHarborOne Bancorp, Inc.2.76%$0.3351.05%
KMTKennametal Inc.2.76%$0.8065.12%
PNMPNM Resources, Inc.2.76%$1.1257.65%
HWCHancock Whitney Corporation2.75%$1.7731.35%
YOUClear Secure, Inc.2.75%$0.9550.89%
0HE2.LAmeren Corporation2.74%$2.7853.51%
MTDRMatador Resources Company2.74%$1.1918.96%
OFGOFG Bancorp2.74%$1.1225.13%
VLOValero Energy Corporation2.74%$4.5393.65%
YORWThe York Water Company2.73%$0.8762.37%
CCZComcast Holdings Corp.2.72%$1.6326.92%
KKellanova2.72%$2.2762.18%
ADTADT Inc.2.71%$0.2229.95%
AVTAvnet, Inc.2.71%$1.3448.46%
BKUBankUnited, Inc.2.71%$1.2134.19%
CNOBConnectOne Bancorp, Inc.2.71%$0.7148.64%
GBXThe Greenbrier Companies, Inc.2.71%$1.2819.40%
PBHCPathfinder Bancorp, Inc.2.71%$0.3826.39%
TRINTrinity Capital Inc.2.71%$0.4120.50%
RILYNB. Riley Financial, Inc. - 6.502.70%$0.5856.91%
0L5A.LSempra2.69%$2.4172.79%