Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Vector Group Ltd. (VGR)

Company Dividend Discount ModelIndustry: TobaccoSector: Consumer Defensive

Valuation Snapshot

Stable Growth$8.39 - $11.89$10.12
Multi-Stage$15.94 - $17.50$16.71
Blended Fair Value$13.41
Current Price$10.94
Upside22.59%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS-10.95%-1.36%0.820.830.860.831.551.461.371.291.221.09
YoY Growth---1.58%-2.68%2.78%-46.18%5.72%6.56%6.30%5.74%12.44%15.63%
Dividend Yield--7.66%6.94%7.11%5.97%16.43%14.14%7.43%7.19%6.50%6.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)199.67
(-) Cash Dividends Paid (M)126.49
(=) Cash Retained (M)73.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)39.9324.9614.98
Cash Retained (M)73.1973.1973.19
(-) Cash Required (M)-39.93-24.96-14.98
(=) Excess Retained (M)33.2548.2358.21
(/) Shares Outstanding (M)153.96153.96153.96
(=) Excess Retained per Share0.220.310.38
LTM Dividend per Share0.820.820.82
(+) Excess Retained per Share0.220.310.38
(=) Adjusted Dividend1.041.131.20
WACC / Discount Rate8.60%8.60%8.60%
Growth Rate-3.36%-2.36%-1.36%
Fair Value$8.39$10.12$11.89
Upside / Downside-23.32%-7.52%8.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)199.67194.97190.37185.89181.50177.23182.54
Payout Ratio63.35%68.68%74.01%79.34%84.67%90.00%92.50%
Projected Dividends (M)126.49133.90140.89147.48153.68159.50168.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.60%8.60%8.60%
Growth Rate-3.36%-2.36%-1.36%
Year 1 PV (M)122.04123.30124.56
Year 2 PV (M)117.04119.47121.93
Year 3 PV (M)111.66115.16118.73
Year 4 PV (M)106.04110.50115.10
Year 5 PV (M)100.31105.61111.13
PV of Terminal Value (M)1,897.781,998.022,102.45
Equity Value (M)2,454.872,572.062,693.90
Shares Outstanding (M)153.96153.96153.96
Fair Value$15.94$16.71$17.50
Upside / Downside45.75%52.70%59.94%

High-Yield Dividend Screener

« Prev Page 131 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
OMU.JOOld Mutual Limited0.14%$2.0762.72%
RAVD.TARavad Ltd0.14%$0.7756.76%
SAWAD-R.BKSrisawad Corporation Public Company Limited0.14%$0.041.23%
SEQI.LSequoia Economic Infrastructure Income Fund Limited0.14%$0.1179.25%
SIM.COSimCorp A/S0.14%$1.0038.81%
000419.SZChangsha Tongcheng Holdings Co.Ltd0.13%$0.013.60%
000541.SZFoshan Electrical and Lighting Co.,Ltd0.13%$0.013.52%
000777.SZSUFA Technology Industry Co., Ltd. CNNC0.13%$0.035.83%
000893.SZAsia-potash International Investment (Guangzhou)Co.,Ltd.0.13%$0.063.17%
002338.SZChangchun UP Optotech Co.,Ltd.0.13%$0.0831.46%
002642.SZRonglian Group Ltd.0.13%$0.0128.71%
300132.SZFujian Green Pine Co., Ltd.0.13%$0.014.36%
600060.SSHisense Visual Technology Co., Ltd.0.13%$0.031.61%
600435.SSNorth Navigation Control Technology Co.,Ltd.0.13%$0.0211.74%
600522.SSJiangsu Zhongtian Technology Co., Ltd.0.13%$0.023.35%
600770.SSJiangsu Zongyi Co.,LTD0.13%$0.0118.40%
601138.SSFoxconn Industrial Internet Co., Ltd.0.13%$0.085.24%
603506.SSNacity Property Service Group Co., Ltd.0.13%$0.022.83%
688050.SSEyebright Medical Technology (Beijing) Co., Ltd.0.13%$0.084.28%
AKSEN.ISAksa Enerji Üretim A.S.0.13%$0.095.48%
ALPUL.PAPullup Entertainment S.A.0.13%$0.020.76%
BILN.LBillington Holdings Plc0.13%$0.4632.74%
BOTB.LBest of the Best PLC0.13%$0.6842.42%
BRIGHT.BOBright Outdoor Media Limited0.13%$0.523.81%
DGE.LDiageo plc0.13%$2.0472.90%
DNE.LDunedin Enterprise Investment Trust PLC0.13%$0.6344.26%
FMV.DEFirst Majestic Silver Corp.0.13%$0.0211.41%
HEXA-B.STHexagon AB (publ)0.13%$0.1440.77%
KIND-SDB.STKindred Group plc0.13%$0.1755.42%
LIV.LLivermore Investments Group Limited0.13%$0.0778.04%
MIRG.BAMirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria0.13%$36.328.75%
MVI.LMarwyn Value Investors Limited0.13%$0.1742.72%
PANI.JKPT Pantai Indah Kapuk Dua Tbk0.13%$16.9745.84%
PHOENIXLTD.BOThe Phoenix Mills Limited0.13%$2.498.27%
SAC.JOS.A. Corporate Real Estate Limited0.13%$0.4766.31%
SPITZE.BOMaruti Interior Products Limit0.13%$0.254.25%
ZIG.LZigup Plc0.13%$0.5056.24%
000792.SZQinghai Salt Lake Industry Co.,Ltd0.12%$0.032.86%
000837.SZQinchuan Machine Tool & Tool Group Share Co., Ltd.0.12%$0.0234.52%
002167.SZGuangdong Orient Zirconic Ind Sci & Tech Co.,Ltd0.12%$0.024.63%
002230.SZiFLYTEK CO.,LTD0.12%$0.0616.22%
002969.SZJiamei Food Packaging (Chuzhou) Co.,Ltd0.12%$0.029.55%
0503.HKLansen Pharmaceutical Holdings Limited0.12%$0.003.97%
300221.SZGuangdong Silver Age Sci & Tech Co.,Ltd.0.12%$0.016.03%
300225.SZShanghai Kinlita Chemical Co., Ltd.0.12%$0.0110.40%
300491.SZShijiazhuang Tonhe Electronics Technologies Co.,Ltd.0.12%$0.0322.74%
301611.SZSuzhou Kematek Inc0.12%$0.1114.08%
600149.SSLangfang Development Co., Ltd.0.12%$0.0114.71%
600216.SSZhejiang Medicine Co., Ltd.0.12%$0.021.30%
600516.SSFangDa Carbon New Material Co.,Ltd0.12%$0.0160.88%