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

John Hancock Financial Opportunities Fund (BTO)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$161.57 - $261.58$206.52
Multi-Stage$197.80 - $216.61$207.03
Blended Fair Value$206.77
Current Price$35.42
Upside483.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.79%8.30%2.472.442.271.971.992.051.551.331.311.96
YoY Growth--0.98%7.70%14.99%-0.89%-2.84%32.30%16.20%1.76%-33.16%76.28%
Dividend Yield--6.92%8.13%6.81%4.24%6.56%5.65%5.55%3.44%3.61%6.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)288.11
(-) Cash Dividends Paid (M)85.61
(=) Cash Retained (M)202.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)57.6236.0121.61
Cash Retained (M)202.49202.49202.49
(-) Cash Required (M)-57.62-36.01-21.61
(=) Excess Retained (M)144.87166.48180.89
(/) Shares Outstanding (M)19.7419.7419.74
(=) Excess Retained per Share7.348.449.17
LTM Dividend per Share4.344.344.34
(+) Excess Retained per Share7.348.449.17
(=) Adjusted Dividend11.6812.7713.50
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate1.79%2.79%3.79%
Fair Value$161.57$206.52$261.58
Upside / Downside356.14%483.05%638.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)288.11296.14304.40312.89321.62330.59340.51
Payout Ratio29.72%41.77%53.83%65.89%77.94%90.00%92.50%
Projected Dividends (M)85.61123.71163.86206.15250.68297.53314.97

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate1.79%2.79%3.79%
Year 1 PV (M)112.24113.34114.44
Year 2 PV (M)134.88137.54140.23
Year 3 PV (M)153.96158.54163.22
Year 4 PV (M)169.86176.63183.61
Year 5 PV (M)182.91192.08201.60
PV of Terminal Value (M)3,149.873,307.673,471.72
Equity Value (M)3,903.724,085.804,274.82
Shares Outstanding (M)19.7419.7419.74
Fair Value$197.80$207.03$216.61
Upside / Downside458.46%484.50%511.54%

High-Yield Dividend Screener

« Prev Page 149 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
603110.SSNew East New Materials Co., Ltd0.00%$0.000.28%
603159.SSShanghai Yahong Moulding Co., Ltd.0.00%$0.001.27%
603589.SSAnhui Kouzi Distillery Co., Ltd.0.00%$0.000.00%
605398.SSShanghai New Centurion Network Information Technology Co., Ltd.0.00%$0.000.19%
605598.SSShanghai Geoharbour Construction Group Co., Ltd.0.00%$0.000.58%
6087.TABIST Co.,Ltd.0.00%$0.050.03%
6114.KLMKH Berhad0.00%$0.000.00%
6310.TIseki & Co., Ltd.0.00%$0.090.12%
688049.SSActions Technology Co., Ltd.0.00%$0.000.03%
688067.SSAVE Science&Technology CO.,LTD0.00%$0.000.01%
688091.SSShanghai Yizhong Pharmaceutical Co., Ltd.0.00%$0.000.03%
688256.SSCambricon Technologies Corporation Limited0.00%$0.000.08%
688283.SSChengdu KSW Technologies Co.,Ltd.0.00%$0.000.00%
688356.SSJenkem Technology Co., Ltd.0.00%$0.000.22%
688484.SSSouthchip Semiconductor Technology0.00%$0.000.06%
9964.TItec Corporation0.00%$0.0016.89%
ABMM.JKPT ABM Investama Tbk0.00%$0.0132.95%
ACE-R.BKAbsolute Clean Energy Public Company Limited0.00%$0.000.00%
ADMR.JKPT Alamtri Minerals Indonesia Tbk0.00%$0.0036.54%
AGARWALEYE.NSDr. Agarwal's Health Care Limited0.00%$0.000.00%
ALPH.LAlpha Group International plc0.00%$0.204.84%
ALRPR.TAAlrov Properties and Lodgings Ltd.0.00%$0.601.05%
ALVDM.PAVoyageurs du Monde S.A.0.00%$0.000.00%
ARYT.TAAryt Industries Ltd.0.00%$0.106.49%
AVAP.LAvation PLC0.00%$0.011.84%
BCS.WABig Cheese Studio Spolka Akcyjna0.00%$0.000.05%
BLGO.TABuligo Capital Ltd0.00%$0.0473.96%
BOURSA.KWBoursa Kuwait Securities Company K.P.S.C.0.00%$0.0861.35%
BRAV3.SABrava Energia S.A.0.00%$0.000.00%
BREN.JKPT Barito Renewables Energy Tbk0.00%$0.0024.50%
BRIGADE.BOBrigade Enterprises Limited0.00%$0.010.02%
BRPT.JKPT Barito Pacific Tbk0.00%$0.0021.75%
CALI3.SAConstrutora Adolpho Lindenberg S.A.0.00%$0.000.00%
CCPC.LCeltic plc0.00%$0.011.93%
CMDR.TAComputer Direct Group Ltd.0.00%$2.1962.36%
CMPC.SNEmpresas CMPC S.A.0.00%$0.0543.01%
CRBP2.PACaisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative0.00%$0.000.00%
CUAN.JKPT Petrindo Jaya Kreasi Tbk0.00%$0.001.50%
CURY.LCurrys plc0.00%$0.002.33%
DFM.AEDubai Financial Market P.J.S.C.0.00%$0.000.03%
ECOR3.SAEcoRodovias Infraestrutura e Logística S.A.0.00%$0.000.00%
EMAE4.SAEmpresa Metropolitana de Águas e Energia S.A.0.00%$0.000.00%
FORTH.BKForth Corporation Public Company Limited0.00%$0.000.00%
GCHE.MEPJSC Cherkizovo Group0.00%$0.000.00%
GFI.JOGold Fields Limited0.00%$1.0035.63%
GHUS-B.STGötenehus Group AB (publ)0.00%$0.000.01%
HALKB.ISTürkiye Halk Bankasi A.S.0.00%$0.000.01%
HAMP.ICHampidjan Hf.0.00%$0.000.01%
HHRU.MEHeadHunter Group PLC0.00%$0.000.00%
HIPR.TAHiper Global Ltd.0.00%$0.1133.34%