Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

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 150 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HOMEFIRST.BOHome First Finance Company India Limited0.00%$0.000.00%
HRUM.JKPT Harum Energy Tbk0.00%$0.0028.64%
IKBI.JKPT Sumi Indo Kabel Tbk0.00%$0.0037.30%
IMPC.JKPT Impack Pratama Industri Tbk0.00%$0.050.45%
INKP.JKPT Indah Kiat Pulp & Paper Tbk0.00%$0.005.45%
INVEXA.MXINVEX Controladora, S.A.B. de C.V.0.00%$0.000.01%
ISHI.TAIsrael Shipyards Industries Ltd0.00%$0.8051.10%
ITEL.BKInterlink Telecom Public Company Limited0.00%$0.000.00%
JEMA.LJPMorgan Emerging Europe Middle East & Africa Securities Plc0.00%$0.015.08%
KAPE.LKape Technologies PLC0.00%$0.0144.27%
KEEN.JKPT Kencana Energi Lestari Tbk0.00%$0.0036.89%
KFH.KWKuwait Finance House K.S.C.P.0.00%$0.0259.43%
KPC.LKeystone Positive Change Investment Trust plc0.00%$0.014.46%
KRDI.TAKardan Israel Ltd0.00%$0.012.40%
LOMA.BALoma Negra Compañía Industrial Argentina Sociedad Anónima0.00%$0.000.01%
LTE.JOLighthouse Properties plc0.00%$0.0311.13%
LTM.SNLATAM Airlines Group S.A.0.00%$0.0023.79%
MASA.JKPT Multistrada Arah Sarana Tbk0.00%$0.0065.80%
MBAP.JKPT Mitrabara Adiperdana Tbk0.00%$0.0081.05%
MGDL.TAMigdal Insurance and Financial Holdings Ltd.0.00%$0.032.16%
MHB.JOMahube Infrastructure Limited0.00%$0.000.03%
MNKS.LThe Monks Investment Trust PLC0.00%$0.041.25%
MOON.LMoonpig Group PLC0.00%$0.0114.70%
MOPF.BRMopoli Fond0.00%$0.030.09%
MORA.JKPT Mora Telematika Indonesia0.00%$0.000.00%
NCAB.STNCAB Group AB (publ)0.00%$0.000.15%
NDR.BKN.D. Rubber Public Company Limited0.00%$0.000.03%
NIND.KWNational Industries Group Holding - KPSC0.00%$0.0134.90%
NMTP.MEPJSC Novorossiysk Commercial Sea Port0.00%$0.000.00%
NPN.JONaspers Limited0.00%$0.115.69%
NXSN.TANextVison Stabilized Systems, Ltd.0.00%$0.4042.35%
P1Z.SWPatrizia Se0.00%$0.000.02%
PAMP.BAPampa Energía S.A.0.00%$0.000.01%
PFDAVVNDA.CLBanco Davivienda S.A.0.00%$0.010.00%
PINT.LPantheon Infrastructure PLC0.00%$0.000.09%
PTBA.JKPT Bukit Asam Tbk0.00%$0.000.00%
PTSN.JKPT Sat Nusapersada Tbk0.00%$0.0016.41%
QFH.JOQuantum Foods Holdings Ltd0.00%$0.000.01%
QLTU.TAQualitau Ltd0.00%$1.6929.36%
RKW.LRockwood Strategic Plc0.00%$0.000.63%
ROCK-A.CORockwool A/S0.00%$0.000.20%
SOF-B.STSoftronic AB (publ)0.00%$0.000.06%
SPNO.COSpar Nord Bank A/S0.00%$0.010.05%
SQM-B.SNSociedad Química y Minera de Chile S.A.0.00%$0.021.13%
SRC.LSigmaRoc plc0.00%$0.0012.41%
STSB.MEStavropolenergosbyt Public Joint-Stock Company0.00%$0.000.01%
TBMS.JKPT Tembaga Mulia Semanan Tbk0.00%$0.0023.06%
THA.JOTharisa plc0.00%$0.0923.57%
TKIM.JKPT Pabrik Kertas Tjiwi Kimia Tbk0.00%$0.002.66%
TL5.MCMediaset España Comunicación, S.A.0.00%$0.000.00%