Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kinross Gold Corporation (KIN2.DE)

Company Dividend Discount ModelIndustry: GoldSector: Basic Materials

Valuation Snapshot

Stable Growth$12.59 - $18.94$15.59
Multi-Stage$13.65 - $14.94$14.29
Blended Fair Value$14.94
Current Price$24.58
Upside-39.23%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.120.120.130.120.060.000.000.000.000.00
YoY Growth--0.14%-4.35%1.92%100.13%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.95%1.94%2.65%2.09%0.92%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,752.72
(-) Cash Dividends Paid (M)146.15
(=) Cash Retained (M)1,606.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)350.54219.09131.45
Cash Retained (M)1,606.571,606.571,606.57
(-) Cash Required (M)-350.54-219.09-131.45
(=) Excess Retained (M)1,256.021,387.481,475.11
(/) Shares Outstanding (M)1,230.051,230.051,230.05
(=) Excess Retained per Share1.021.131.20
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share1.021.131.20
(=) Adjusted Dividend1.141.251.32
WACC / Discount Rate11.28%11.28%11.28%
Growth Rate2.04%3.04%4.04%
Fair Value$12.59$15.59$18.94
Upside / Downside-48.79%-36.57%-22.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,752.721,805.931,860.761,917.251,975.462,035.442,096.50
Payout Ratio8.34%24.67%41.00%57.34%73.67%90.00%92.50%
Projected Dividends (M)146.15445.54762.971,099.261,455.281,831.901,939.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate11.28%11.28%11.28%
Growth Rate2.04%3.04%4.04%
Year 1 PV (M)396.50400.39404.27
Year 2 PV (M)604.27616.17628.19
Year 3 PV (M)774.80797.80821.26
Year 4 PV (M)912.84949.16986.55
Year 5 PV (M)1,022.621,073.721,126.85
PV of Terminal Value (M)13,080.5413,734.2014,413.74
Equity Value (M)16,791.5717,571.4518,380.86
Shares Outstanding (M)1,230.051,230.051,230.05
Fair Value$13.65$14.29$14.94
Upside / Downside-44.46%-41.88%-39.21%

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%