Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fulton Financial Corporation (FULT)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$59.63 - $250.25$102.81
Multi-Stage$37.54 - $41.02$39.25
Blended Fair Value$71.03
Current Price$18.63
Upside281.25%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.36%7.48%0.720.630.630.610.490.500.490.440.380.36
YoY Growth--13.79%-0.23%3.55%23.17%-1.49%2.98%11.55%15.83%6.15%2.08%
Dividend Yield--3.96%4.02%4.57%3.67%2.90%4.37%3.06%2.46%2.11%2.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)361.26
(-) Cash Dividends Paid (M)141.69
(=) Cash Retained (M)219.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)72.2545.1627.09
Cash Retained (M)219.57219.57219.57
(-) Cash Required (M)-72.25-45.16-27.09
(=) Excess Retained (M)147.32174.41192.47
(/) Shares Outstanding (M)183.87183.87183.87
(=) Excess Retained per Share0.800.951.05
LTM Dividend per Share0.770.770.77
(+) Excess Retained per Share0.800.951.05
(=) Adjusted Dividend1.571.721.82
WACC / Discount Rate8.26%8.26%8.26%
Growth Rate5.48%6.48%7.48%
Fair Value$59.63$102.81$250.25
Upside / Downside220.05%451.84%1,243.26%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)361.26384.66409.58436.12464.37494.45509.29
Payout Ratio39.22%49.38%59.53%69.69%79.84%90.00%92.50%
Projected Dividends (M)141.69189.94243.84303.92370.77445.01471.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.26%8.26%8.26%
Growth Rate5.48%6.48%7.48%
Year 1 PV (M)173.80175.45177.09
Year 2 PV (M)204.16208.05211.98
Year 3 PV (M)232.85239.54246.35
Year 4 PV (M)259.93269.93280.22
Year 5 PV (M)285.47299.26313.58
PV of Terminal Value (M)5,746.506,024.126,312.36
Equity Value (M)6,902.727,216.357,541.59
Shares Outstanding (M)183.87183.87183.87
Fair Value$37.54$39.25$41.02
Upside / Downside101.51%110.67%120.16%

High-Yield Dividend Screener

« Prev Page 140 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002371.SZNAURA Technology Group Co., Ltd.0.04%$0.182.13%
002395.SZWuxi Double Elephant Micro Fibre Material Co.,Ltd0.04%$0.010.30%
002414.SZWuhan Guide Infrared Co., Ltd.0.04%$0.0127.11%
002685.SZWuxi Huadong Heavy Machinery Co., Ltd.0.04%$0.002.18%
002796.SZSuzhou Shijia Science & Technology Inc.0.04%$0.0119.99%
002851.SZShenzhen Megmeet Electrical Co., Ltd.0.04%$0.048.98%
300065.SZBeijing Highlander Digital Technology Co., Ltd.0.04%$0.0112.35%
300109.SZBoai NKY Medical Holdings Ltd.0.04%$0.011.45%
300111.SZZhejiang Sunflower Great Health Limited Liability Company0.04%$0.0055.45%
301160.SZSuzhou Xianglou New Material Co., Ltd.0.04%$0.031.48%
301190.SZJiujiang Shanshui Technology Co.,Ltd0.04%$0.012.64%
301607.SZZhejiang EV-Tech Co., Ltd.0.04%$0.021.84%
600009.SSShanghai International Airport Co., Ltd.0.04%$0.011.38%
600237.SSAnhui Tongfeng Electronics Company Limited0.04%$0.001.90%
600262.SSInner Mongolia North Hauler Joint Stock Co., Ltd.0.04%$0.010.62%
600558.SSAtlantic China Welding Consumables, Inc.0.04%$0.001.14%
600571.SSSunyard Technology Co.,Ltd0.04%$0.012.97%
600601.SSFounder Technology Group Co.,Ltd.0.04%$0.015.83%
603202.SSHeilongjiang Tianyouwei Electronics Co., Ltd.0.04%$0.040.62%
603515.SSOpple Lighting Co.,LTD0.04%$0.010.58%
605060.SSAllied Machinery Co., Ltd.0.04%$0.011.57%
605183.SSQuechen Silicon Chemical Co., Ltd.0.04%$0.010.64%
688108.SSSino Medical Sciences Technology Inc.0.04%$0.0110.72%
688330.SSShanghai Holystar Information Technology Co., Ltd.0.04%$0.010.83%
688778.SSXTC New Energy Materials(Xiamen) Co.,Ltd.0.04%$0.032.80%
9538.SRNaseej for Technology Co.0.04%$0.020.71%
AAEV.LAlbion Enterprise VCT PLC0.04%$0.0436.81%
AGT.LAVI Global Trust plc0.04%$0.1019.67%
AJB.LAJ Bell plc0.04%$0.1634.01%
APTD.LAptitude Software Group plc0.04%$0.1166.22%
ATST.LAlliance Trust PLC0.04%$0.5114.01%
AUSC.Labrdn UK Smaller Companies Growth Trust plc0.04%$0.2019.76%
BEZQ.TABezeq The Israel Telecommunication Corp. Ltd0.04%$0.2865.55%
BGUK.LBaillie Gifford UK Growth Trust plc0.04%$0.0862.55%
BIMBOA.MXGrupo Bimbo, S.A.B. de C.V.0.04%$0.030.96%
BKRY.TABikurey Hasade (Holdings) Ltd0.04%$0.1844.61%
BT-A.LBT Group plc0.04%$0.0874.76%
CASH3.SAMéliuz S.A.0.04%$0.000.31%
CGR.JOCalgro M3 Holdings Limited0.04%$0.184.89%
CLDN.LCaledonia Investments plc0.04%$0.1427.94%
CORD.LCordiant Digital Infrastructure Limited0.04%$0.043.40%
CRW.LCraneware plc0.04%$0.7383.10%
DIPL.TADiplomat Holdings Ltd0.04%$2.0652.66%
DIXON.BODixon Technologies (India) Limited0.04%$4.962.05%
DRSH.TADorsel Holdings Ltd0.04%$0.8523.65%
DSCV.LdiscoverIE Group plc0.04%$0.2456.32%
ELIX.LElixirr International plc0.04%$0.3346.91%
ESCT.LThe European Smaller Companies Trust PLC0.04%$0.0949.31%
EZJ.LeasyJet plc0.04%$0.2120.23%
FCSS.LFidelity China Special Situations PLC0.04%$0.124.90%