Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Rayonier Inc. (RYN)

Company Dividend Discount ModelIndustry: REIT - SpecialtySector: Real Estate

Valuation Snapshot

Stable Growth$143.56 - $532.26$240.56
Multi-Stage$91.34 - $99.82$95.51
Blended Fair Value$168.04
Current Price$22.18
Upside657.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.29%-2.47%1.291.091.070.990.940.910.880.820.790.80
YoY Growth--18.01%2.58%7.94%4.90%3.74%3.14%7.64%3.44%-1.67%-51.48%
Dividend Yield--4.63%3.37%3.20%2.40%2.92%3.85%2.77%2.32%2.79%3.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)775.61
(-) Cash Dividends Paid (M)237.85
(=) Cash Retained (M)537.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)155.1296.9558.17
Cash Retained (M)537.76537.76537.76
(-) Cash Required (M)-155.12-96.95-58.17
(=) Excess Retained (M)382.64440.81479.59
(/) Shares Outstanding (M)155.55155.55155.55
(=) Excess Retained per Share2.462.833.08
LTM Dividend per Share1.531.531.53
(+) Excess Retained per Share2.462.833.08
(=) Adjusted Dividend3.994.364.61
WACC / Discount Rate8.43%8.43%8.43%
Growth Rate5.50%6.50%7.50%
Fair Value$143.56$240.56$532.26
Upside / Downside547.24%984.60%2,299.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)775.61826.03879.72936.90997.801,062.661,094.54
Payout Ratio30.67%42.53%54.40%66.27%78.13%90.00%92.50%
Projected Dividends (M)237.85351.33478.56620.85779.61956.391,012.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.43%8.43%8.43%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)320.97324.01327.06
Year 2 PV (M)399.42407.03414.71
Year 3 PV (M)473.40486.99500.84
Year 4 PV (M)543.09563.97585.45
Year 5 PV (M)608.66638.05668.58
PV of Terminal Value (M)11,862.7512,435.7213,030.63
Equity Value (M)14,208.2914,855.7915,527.27
Shares Outstanding (M)155.55155.55155.55
Fair Value$91.34$95.51$99.82
Upside / Downside311.82%330.59%350.06%

High-Yield Dividend Screener

« Prev Page 136 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ATT.JOAttacq Limited0.07%$1.1533.19%
AYAL.TAAyalon Insurance Company Ltd0.07%$6.1847.69%
COA.LCoats Group plc0.07%$0.0654.61%
COCKERILL.BOJohn Cockerill India Ltd.0.07%$3.9823.35%
CREI.LCustodian REIT Plc0.07%$0.0639.01%
CTUK.LCT UK Capital And Income Investment Trust Plc0.07%$0.2343.42%
DIVI.LThe Diverse Income Trust plc0.07%$0.0825.53%
DTY.LDignity plc0.07%$0.4029.52%
GFRD.LGalliford Try Holdings PLC0.07%$0.3871.72%
GIF.LGulf Investment Fund plc0.07%$0.1523.89%
GLPL.TAGolan Plastic Products Ltd0.07%$0.5560.67%
GMKN.MEPJSC Mining and Metallurgical Company Norilsk Nickel0.07%$0.1041.97%
HBMHudbay Minerals Inc.0.07%$0.011.22%
JCH.LJPMorgan Claverhouse Investment Trust plc0.07%$0.6431.28%
JEMI.LJPMorgan Global Emerging Markets Income Trust plc0.07%$0.1344.48%
JGGI.LJPMorgan Global Growth & Income plc0.07%$0.4036.20%
JMAT.LJohnson Matthey Plc0.07%$1.6167.50%
LUCE.LLuceco plc0.07%$0.1046.01%
LWI.LLowland Investment Company plc0.07%$0.1164.65%
MAJE.LMajedie Investments PLC0.07%$0.1947.93%
NAIT.LThe North American Income Trust plc0.07%$0.2737.38%
NEOEN.PANeoen S.A.0.07%$0.035.26%
PEBB.LThe Pebble Group plc0.07%$0.0341.88%
POLN.LPollen Street Group Limited0.07%$0.6740.50%
RHB.JORH Bophelo Limited0.07%$0.164.41%
RS1.LRS Group plc0.07%$0.4563.93%
TST.LTouchstar plc0.07%$0.0455.43%
TYMN.LTyman plc0.07%$0.2660.47%
VANL.LVan Elle Holdings plc0.07%$0.0242.12%
VTU.LVertu Motors plc0.07%$0.0435.86%
WIL.LWilmington plc0.07%$0.2164.14%
ZENTEC.BOZen Technologies Limited0.07%$1.003.62%
000661.SZChangchun High-Tech Industries (Group) Inc.0.06%$0.052.13%
000868.SZAnhui Ankai Automobile Co., Ltd0.06%$0.0050.75%
002164.SZNingbo Donly Co.,Ltd0.06%$0.018.48%
002181.SZGuangdong Guangzhou Daily Media Co., Ltd.0.06%$0.013.48%
002530.SZJC Finance&Tax Interconnect Holdings Ltd.0.06%$0.0110.60%
2070.SRSaudi Pharmaceutical Industries and Medical Appliances Corporation0.06%$0.021.65%
240810.KQWonik Ips Co., Ltd0.06%$50.004.11%
300136.SZShenzhen Sunway Communication Co., Ltd.0.06%$0.045.93%
300339.SZJiangsu Hoperun Software Co., Ltd.0.06%$0.0317.00%
300454.SZSangfor Technologies Inc.0.06%$0.074.35%
300698.SZWanma Technology Co., Ltd.0.06%$0.027.61%
300814.SZShenzhen Jove Enterprise Co., Ltd.0.06%$0.0424.70%
301196.SZXiamen Voke Mold & Plastic Engineering Co., Ltd.0.06%$0.042.10%
352820.KSHYBE Co., Ltd.0.06%$212.3616.34%
3923.TRakus Co., Ltd.0.06%$0.592.24%
3IN.L3i Infrastructure plc0.06%$0.2432.21%
4290.SRAl Khaleej Training and Education Company0.06%$0.013.67%
600187.SSHeilongjiang Interchina Water Treatment Co.,Ltd.0.06%$0.0013.82%