Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Emerging Markets Debt Fund - Investor Class (AEDVX)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$8.50 - $12.23$10.32
Multi-Stage$14.71 - $16.10$15.39
Blended Fair Value$12.85
Current Price$8.96
Upside43.47%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%0.00%0.921.031.111.201.230.001.240.650.680.74
YoY Growth---10.02%-7.11%-8.09%-2.08%0.00%-100.00%89.44%-3.82%-7.75%0.00%
Dividend Yield--10.31%11.68%11.91%11.39%13.56%0.00%12.21%6.37%6.87%7.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)71.40
(-) Cash Dividends Paid (M)54.84
(=) Cash Retained (M)16.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.288.935.36
Cash Retained (M)16.5716.5716.57
(-) Cash Required (M)-14.28-8.93-5.36
(=) Excess Retained (M)2.287.6411.21
(/) Shares Outstanding (M)59.3459.3459.34
(=) Excess Retained per Share0.040.130.19
LTM Dividend per Share0.920.920.92
(+) Excess Retained per Share0.040.130.19
(=) Adjusted Dividend0.961.051.11
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Fair Value$8.50$10.32$12.23
Upside / Downside-5.14%15.19%36.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)71.4070.6969.9869.2868.5967.9069.94
Payout Ratio76.80%79.44%82.08%84.72%87.36%90.00%92.50%
Projected Dividends (M)54.8456.1557.4458.7059.9261.1164.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)50.9551.4751.99
Year 2 PV (M)47.2948.2649.24
Year 3 PV (M)43.8545.2046.59
Year 4 PV (M)40.6142.3044.03
Year 5 PV (M)37.5839.5441.58
PV of Terminal Value (M)652.46686.43721.81
Equity Value (M)872.74913.20955.23
Shares Outstanding (M)59.3459.3459.34
Fair Value$14.71$15.39$16.10
Upside / Downside64.13%71.74%79.65%

High-Yield Dividend Screener

« Prev Page 18 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
CU-X.TOCanadian Utilities Limited6.70%$2.3196.15%
NACNuveen California Quality Municipal Income Fund6.70%$0.7958.10%
SMIT.BKSahamit Machinery Public Company Limited6.70%$0.2480.77%
FNTN.DEfreenet AG6.69%$1.9986.99%
2319.HKChina Mengniu Dairy Company Limited6.68%$1.0099.41%
8963.TInvincible Investment Corporation6.68%$4,300.6161.53%
PLAKR.ATPlastika Kritis S.A.6.67%$0.9734.18%
000540.KSHeungkuk Fire&Marine Insurance Co., Ltd.6.66%$237.3827.99%
2314.HKLee & Man Paper Manufacturing Limited6.66%$0.1928.93%
298020.KSHyosung TNC Corporation6.66%$14,250.7888.73%
CPTGF.BKC.P. Tower Growth Leasehold Property Fund6.66%$0.3463.33%
0QQG.LRomande Energie Holding S.A.6.65%$2.8854.24%
9924.TWTaiwan Fu Hsing Industrial Co.,Ltd.6.65%$3.4897.31%
AYUD.BKAllianz Ayudhya Capital Public Company Limited6.65%$2.3438.16%
BEES3.SABanestes S.A. - Banco do Estado do Espírito Santo6.65%$0.5447.77%
DHTDHT Holdings, Inc.6.65%$0.7862.76%
DVLA.JKPT Darya-Varia Laboratoria Tbk6.65%$110.0071.18%
BTB-UN.TOBTB Real Estate Investment Trust6.64%$0.2763.41%
0297.HKSinofert Holdings Limited6.63%$0.1040.38%
0QQ0.LBKW AG6.63%$11.1661.27%
TTW-R.BKTTW Public Company Limited6.63%$0.6076.46%
000001.SZPing An Bank Co., Ltd.6.62%$0.7533.97%
5519.TWLongDa Construction & Development Corporation6.62%$2.1773.27%
AKHI.QAAl Khaleej Takaful Insurance Company Q.P.S.C.6.62%$0.1562.13%
DEXP3.SADexxos Participações S.A.6.61%$0.5235.77%
PLZ-UN.TOPlaza Retail REIT6.60%$0.2887.93%
0900.HKAEON Credit Service (Asia) Company Limited6.59%$0.4847.12%
4001.SRAbdullah Al-Othaim Markets Company6.59%$0.4169.57%
9942.TWNAK Sealing Technologies Corporation6.59%$6.9983.55%
QFLS.QAQatar Fuel Company Q.P.S.C.("WOQOD")6.59%$1.0096.27%
AD-UN.TOAlaris Equity Partners Income Trust6.58%$1.3646.26%
ARF.AXArena REIT6.58%$0.2367.19%
BVI.PABureau Veritas S.A.6.58%$1.7768.58%
9677.HKWeihai Bank Co., Ltd. Class H6.57%$0.1837.27%
LI.PAKlépierre6.57%$2.1940.55%
SIME.KLSime Darby Berhad6.57%$0.1445.15%
KER.PAKering S.A.6.56%$19.9987.42%
MING.OLSpareBank 1 SMN6.56%$13.2942.26%
024090.KSDCM Corp.6.55%$791.6575.82%
EMSN.SWEms-Chemie Holding AG6.55%$36.0191.24%
HVN.AXHarvey Norman Holdings Limited6.55%$0.4665.85%
LALIN.BKLalin Property Public Company Limited6.54%$0.3261.45%
0636.HKKLN Logistics Group Limited6.53%$0.4728.09%
0JSU.LSipef N.V.6.53%$5.3834.04%
0QF8.LAktia Pankki Oyj6.53%$0.8292.48%
INTRInter & Co, Inc.6.53%$0.5520.40%
0028.HKTian An China Investments Company Limited6.52%$0.3015.83%
4190.SRJarir Marketing Company6.52%$0.8499.34%
ONEE.BKThe ONE Enterprise Public Company Limited6.52%$0.1489.05%
0119.HKPoly Property Group Co., Limited6.51%$0.1338.03%