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

Aon plc (AON)

Company Dividend Discount ModelIndustry: Insurance - BrokersSector: Financial Services

Valuation Snapshot

Stable Growth$2,115.16 - $2,492.09$2,335.42
Multi-Stage$646.00 - $708.43$676.63
Blended Fair Value$1,506.03
Current Price$356.58
Upside322.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.51%7.49%2.582.252.132.051.891.881.761.671.591.48
YoY Growth--14.93%5.62%3.58%8.50%0.49%7.33%4.95%5.51%6.81%18.32%
Dividend Yield--0.65%0.68%0.68%0.63%0.82%1.14%1.01%1.19%1.34%1.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,730.00
(-) Cash Dividends Paid (M)614.00
(=) Cash Retained (M)2,116.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)546.00341.25204.75
Cash Retained (M)2,116.002,116.002,116.00
(-) Cash Required (M)-546.00-341.25-204.75
(=) Excess Retained (M)1,570.001,774.751,911.25
(/) Shares Outstanding (M)217.55217.55217.55
(=) Excess Retained per Share7.228.168.79
LTM Dividend per Share2.822.822.82
(+) Excess Retained per Share7.228.168.79
(=) Adjusted Dividend10.0410.9811.61
WACC / Discount Rate5.01%5.01%5.01%
Growth Rate5.35%6.35%7.35%
Fair Value$2,115.16$2,335.42$2,492.09
Upside / Downside493.18%554.95%598.89%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,730.002,903.263,087.513,283.463,491.843,713.453,824.86
Payout Ratio22.49%35.99%49.49%63.00%76.50%90.00%92.50%
Projected Dividends (M)614.001,044.961,528.152,068.462,671.203,342.113,537.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.01%5.01%5.01%
Growth Rate5.35%6.35%7.35%
Year 1 PV (M)985.79995.151,004.51
Year 2 PV (M)1,360.001,385.941,412.13
Year 3 PV (M)1,736.631,786.551,837.43
Year 4 PV (M)2,115.692,197.172,280.99
Year 5 PV (M)2,497.202,617.992,743.42
PV of Terminal Value (M)131,841.31138,218.75144,840.63
Equity Value (M)140,536.62147,201.56154,119.10
Shares Outstanding (M)217.55217.55217.55
Fair Value$646.00$676.63$708.43
Upside / Downside81.16%89.76%98.67%

High-Yield Dividend Screener

« Prev Page 20 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SMBCSouthern Missouri Bancorp, Inc.1.61%$0.9417.19%
VIRCVirco Mfg. Corporation1.61%$0.1041.34%
CNOCNO Financial Group, Inc.1.60%$0.6722.53%
IVTInvenTrust Properties Corp.1.60%$0.4529.49%
KBRKBR, Inc.1.60%$0.6521.84%
OBKOrigin Bancorp, Inc.1.60%$0.6031.45%
TNCTennant Company1.60%$1.1839.96%
DELLDell Technologies Inc.1.59%$2.0327.33%
RVSBRiverview Bancorp, Inc.1.59%$0.0835.84%
0HPW.LBroadridge Financial Solutions, Inc.1.58%$3.4944.54%
CCFChase Corporation1.58%$2.0157.26%
MSIFMSC Income Fund, Inc.1.58%$0.2112.72%
PRIPrimerica, Inc.1.58%$4.1018.44%
IEXIDEX Corporation1.57%$2.8244.28%
LHXL3Harris Technologies, Inc.1.57%$4.7951.11%
MROMarathon Oil Corporation1.57%$0.4519.02%
NEUNewMarket Corporation1.57%$10.8222.69%
PSMTPriceSmart, Inc.1.57%$1.9339.29%
TFSLTFS Financial Corporation1.57%$0.2165.45%
UFPIUFP Industries, Inc.1.57%$1.4425.79%
0M3Q.LZoetis Inc.1.56%$1.9532.55%
0K92.LNorthrop Grumman Corporation1.55%$8.8031.43%
0QZ5.LCognizant Technology Solutions Corporation1.55%$1.2528.62%
EMREmerson Electric Co.1.55%$2.1151.98%
SYFSynchrony Financial1.55%$1.3213.96%
TXRHTexas Roadhouse, Inc.1.55%$2.6540.30%
0HQW.LC.H. Robinson Worldwide, Inc.1.54%$2.4850.26%
0J76.LHuntington Ingalls Industries, Inc.1.54%$5.3637.08%
BHEBenchmark Electronics, Inc.1.54%$0.6865.62%
DPZDomino's Pizza, Inc.1.54%$6.5437.90%
GRCThe Gorman-Rupp Company1.54%$0.7438.69%
DFSDiscover Financial Services1.53%$3.0616.08%
SPFISouth Plains Financial, Inc.1.53%$0.5916.67%
JMSBJohn Marshall Bancorp, Inc.1.52%$0.3029.07%
0J3H.LThe Hartford Financial Services Group, Inc.1.51%$2.0616.53%
TRVThe Travelers Companies, Inc.1.51%$4.2916.63%
CISMXClarkston Partners Fund Institutional Class1.50%$0.1932.74%
FCAPFirst Capital, Inc.1.50%$0.8828.53%
MGYRMagyar Bancorp, Inc.1.50%$0.2622.66%
OBTOrange County Bancorp, Inc.1.50%$0.4315.62%
OSKOshkosh Corporation1.50%$1.9919.24%
SAICScience Applications International Corporation1.50%$1.5119.14%
FULH.B. Fuller Company1.49%$0.9043.28%
CBNKCapital Bancorp, Inc.1.48%$0.4114.04%
FRBAFirst Bank1.48%$0.2414.40%
ANDEThe Andersons, Inc.1.47%$0.7836.39%
IROQIF Bancorp, Inc.1.47%$0.4025.40%
WMWaste Management, Inc.1.47%$3.2250.78%
ATRAptarGroup, Inc.1.45%$1.7828.44%
CHXChampionX Corporation1.45%$0.3724.70%