DDM Analysis: 030200.KS

Valuation Snapshot

Stable Growth	$42,949.40 - $70,756.24	$55,301.99
Multi-Stage	$81,992.76 - $90,064.89	$85,950.99
Blended Fair Value	$70,626.49
Current Price	$55,700.00
Upside	26.80%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	23.38%	14.63%	3,562.05	2,151.18	1,839.08	1,430.51	1,268.13	1,246.05	1,219.40	992.81	751.73	169.76
YoY Growth	-	-	65.59%	16.97%	28.56%	12.80%	1.77%	2.19%	22.82%	32.07%	342.81%	-81.34%
Dividend Yield	-	-	7.18%	5.71%	6.24%	4.01%	4.49%	6.28%	4.47%	0.00%	2.56%	0.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	929,241.00
(-) Cash Dividends Paid (M)	534,313.00
(=) Cash Retained (M)	394,928.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	185,848.20	116,155.13	69,693.08
Cash Retained (M)	394,928.00	394,928.00	394,928.00
(-) Cash Required (M)	-185,848.20	-116,155.13	-69,693.08
(=) Excess Retained (M)	209,079.80	278,772.88	325,234.93
(/) Shares Outstanding (M)	244.90	244.90	244.90
(=) Excess Retained per Share	853.73	1,138.31	1,328.02
LTM Dividend per Share	2,181.75	2,181.75	2,181.75
(+) Excess Retained per Share	853.73	1,138.31	1,328.02
(=) Adjusted Dividend	3,035.48	3,320.06	3,509.77
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	-0.38%	0.62%	1.62%
Fair Value	$42,949.40	$55,301.99	$70,756.24
Upside / Downside	-22.89%	-0.71%	27.03%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	929,241.00	935,009.07	940,812.94	946,652.84	952,528.99	958,441.61	987,194.86
Payout Ratio	57.50%	64.00%	70.50%	77.00%	83.50%	90.00%	92.50%
Projected Dividends (M)	534,313.00	598,405.34	663,272.77	728,922.45	795,361.59	862,597.45	913,155.25

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.66%	6.66%	6.66%
Growth Rate	-0.38%	0.62%	1.62%
Year 1 PV (M)	555,456.49	561,032.20	566,607.91
Year 2 PV (M)	571,480.40	583,011.10	594,656.98
Year 3 PV (M)	582,968.49	600,700.94	618,789.38
Year 4 PV (M)	590,449.76	614,517.03	639,312.67
Year 5 PV (M)	594,403.13	624,841.42	656,514.08
PV of Terminal Value (M)	17,185,371.75	18,065,402.87	18,981,122.16
Equity Value (M)	20,080,130.01	21,049,505.57	22,057,003.17
Shares Outstanding (M)	244.90	244.90	244.90
Fair Value	$81,992.76	$85,950.99	$90,064.89
Upside / Downside	47.20%	54.31%	61.70%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 15 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
0R28.L	Newmont Corporation	2.49%	$1.01	15.53%
ETR	Entergy Corporation	2.49%	$2.34	57.35%
NKE	NIKE, Inc.	2.49%	$1.58	80.59%
OTTR	Otter Tail Corporation	2.49%	$2.03	30.69%
FHN	First Horizon Corporation	2.48%	$0.60	34.42%
PWP	Perella Weinberg Partners	2.48%	$0.44	69.65%
SCS	Steelcase Inc.	2.48%	$0.40	50.05%
PBI	Pitney Bowes Inc.	2.46%	$0.25	61.37%
RBCAA	Republic Bancorp, Inc.	2.45%	$1.67	25.85%
SRCE	1st Source Corporation	2.45%	$1.53	25.20%
TRMK	Trustmark Corporation	2.45%	$0.96	26.11%
VOYA	Voya Financial, Inc.	2.45%	$1.86	29.46%
AWK	American Water Works Company, Inc.	2.44%	$3.18	55.85%
LSTR	Landstar System, Inc.	2.44%	$3.58	90.21%
NGL	NGL Energy Partners LP	2.44%	$0.24	24.52%
TCFC	The Community Financial Corporation	2.44%	$0.66	12.72%
CADE	Cadence Bank	2.43%	$1.05	37.49%
JNJ	Johnson & Johnson	2.43%	$5.04	48.70%
MBCN	Middlefield Banc Corp.	2.43%	$0.83	42.36%
0L7G.L	Snap-on Incorporated	2.42%	$8.43	44.15%
ITW	Illinois Tool Works Inc.	2.42%	$6.04	58.20%
MOFG	MidWestOne Financial Group, Inc.	2.40%	$0.92	32.44%
FFIN	First Financial Bankshares, Inc.	2.39%	$0.72	42.45%
ADP	Automatic Data Processing, Inc.	2.38%	$6.03	59.30%
CAL	Caleres, Inc.	2.38%	$0.29	46.21%
ABM	ABM Industries Incorporated	2.37%	$1.01	54.79%
FUNC	First United Corporation	2.36%	$0.88	22.87%
HON	Honeywell International Inc.	2.36%	$4.63	48.21%
RILYK	B. Riley Financial, Inc. 5.50% Senior Notes Due 2026	2.36%	$0.58	56.91%
CDW	CDW Corporation	2.35%	$3.14	39.31%
CHMG	Chemung Financial Corporation	2.35%	$1.28	46.47%
LZB	La-Z-Boy Incorporated	2.35%	$0.88	40.20%
PKG	Packaging Corporation of America	2.35%	$4.97	50.31%
UNP	Union Pacific Corporation	2.35%	$5.44	45.77%
0K91.L	Northern Trust Corporation	2.34%	$3.20	35.68%
MCD	McDonald's Corporation	2.33%	$7.07	60.14%
MGEE	MGE Energy, Inc.	2.32%	$1.82	49.49%
MZTI	The Marzetti Company	2.32%	$3.82	61.80%
UNM	Unum Group	2.32%	$1.79	33.52%
RILYM	B. Riley Financial, Inc. - 6.37	2.31%	$0.58	56.91%
RILYO	B. Riley Financial, Inc. - 6.75	2.31%	$0.58	56.91%
HONIV	Honeywell International Inc. Common Stock Ex Distribution When Issued	2.30%	$4.63	48.21%
PGR	The Progressive Corporation	2.30%	$4.88	26.80%
WNEB	Western New England Bancorp, Inc.	2.30%	$0.28	43.00%
0R23.L	Halliburton Company	2.29%	$0.68	44.61%
ADS	Bread Financial Holdings, Inc.	2.29%	$1.30	21.08%
HLNE	Hamilton Lane Incorporated	2.29%	$3.13	74.09%
BSVN	Bank7 Corp.	2.28%	$0.94	20.81%
MCBC	Macatawa Bank Corporation	2.28%	$0.34	28.37%
BRKL	Brookline Bancorp, Inc.	2.27%	$0.54	61.06%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

KT Corporation (030200.KS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener