Definitive Analysis
Definitive Analysis
Financial Statements
Periods / Units
Fundamentals
Valuations
Miscellaneous
Analysis Mode
Full Access
See Pricing Start Trial

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$23.96 - $33.11$28.56
Multi-Stage$44.08 - $48.48$46.24
Blended Fair Value$37.40
Current Price$15.67
Upside138.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.62%-3.48%1.041.061.311.351.241.191.251.271.381.42
YoY Growth---1.97%-18.87%-2.90%8.46%4.56%-4.96%-1.28%-8.03%-3.32%-4.00%
Dividend Yield--6.56%7.66%8.35%6.28%5.46%5.47%7.56%6.14%7.13%7.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)207.41
(-) Cash Dividends Paid (M)78.42
(=) Cash Retained (M)128.99
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)41.4825.9315.56
Cash Retained (M)128.99128.99128.99
(-) Cash Required (M)-41.48-25.93-15.56
(=) Excess Retained (M)87.51103.06113.43
(/) Shares Outstanding (M)48.1748.1748.17
(=) Excess Retained per Share1.822.142.35
LTM Dividend per Share1.631.631.63
(+) Excess Retained per Share1.822.142.35
(=) Adjusted Dividend3.443.773.98
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-4.62%-3.62%-2.62%
Fair Value$23.96$28.56$33.11
Upside / Downside52.88%82.25%111.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)207.41199.90192.67185.70178.99172.51177.69
Payout Ratio37.81%48.25%58.69%69.12%79.56%90.00%92.50%
Projected Dividends (M)78.4296.45113.07128.36142.40155.26164.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-4.62%-3.62%-2.62%
Year 1 PV (M)87.4988.4089.32
Year 2 PV (M)93.0495.0096.98
Year 3 PV (M)95.8198.85101.96
Year 4 PV (M)96.41100.52104.76
Year 5 PV (M)95.35100.46105.78
PV of Terminal Value (M)1,655.301,743.911,836.27
Equity Value (M)2,123.392,227.142,335.07
Shares Outstanding (M)48.1748.1748.17
Fair Value$44.08$46.24$48.48
Upside / Downside181.32%195.07%209.37%

High-Yield Dividend Screener

« Prev Page 26 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ODFLOld Dominion Freight Line, Inc.0.69%$1.1022.00%
RRBIRed River Bancshares, Inc.0.69%$0.487.90%
SSDSimpson Manufacturing Co., Inc.0.69%$1.1413.76%
WCCWESCO International, Inc.0.69%$1.7513.38%
ALGAlamo Group Inc.0.68%$1.1511.96%
CBKCommercial Bancgroup, Inc. Common Stock0.68%$0.166.13%
IRMDIRadimed Corporation0.68%$0.6539.59%
UNFUniFirst Corporation0.68%$1.3216.37%
WTSWatts Water Technologies, Inc.0.68%$1.9019.65%
0HF3.LCencora0.67%$2.2528.12%
AITApplied Industrial Technologies, Inc.0.67%$1.7516.64%
CLMBClimb Global Solutions, Inc.0.67%$0.6814.50%
ASTHAstrana Health, Inc.0.66%$0.1786.52%
AVGOBroadcom Inc.0.66%$2.2848.18%
ENSEnerSys0.66%$0.9911.20%
HLIOHelios Technologies, Inc.0.66%$0.3635.50%
ICFIICF International, Inc.0.66%$0.5610.52%
VMCVulcan Materials Company0.66%$1.9322.82%
AAMEAtlantic American Corporation0.65%$0.027.99%
AMATApplied Materials, Inc.0.65%$1.7319.78%
CRMSalesforce, Inc.0.65%$1.6421.86%
GHCGraham Holdings Company0.65%$7.064.22%
LFACLF Capital Acquisition Corp. II0.65%$0.0724.33%
BSYBentley Systems, Incorporated0.64%$0.2530.41%
EHCEncompass Health Corporation0.64%$0.6812.77%
LADLithia Motors, Inc.0.64%$2.136.25%
PRBMParabellum Acquisition Corp.0.64%$0.065.11%
VRSNVeriSign, Inc.0.64%$1.5417.77%
AWIArmstrong World Industries, Inc.0.63%$1.2417.71%
ESQEsquire Financial Holdings, Inc.0.63%$0.6411.29%
SGISomnigroup International Inc0.63%$0.5637.60%
ULSUL Solutions Inc.0.63%$0.5130.38%
VMIValmont Industries, Inc.0.63%$2.5821.97%
ARCBArcBest Corporation0.62%$0.4811.39%
VVisa Inc.0.62%$2.1323.10%
LSXMAThe Liberty SiriusXM Group0.61%$0.141.73%
0J1R.LHCA Healthcare, Inc.0.60%$2.8110.70%
MPWRMonolithic Power Systems, Inc.0.60%$5.6614.34%
RXNZurn Water Solutions Corporation0.60%$0.3924.10%
0I47.LCostco Wholesale Corporation0.59%$5.0527.04%
DJCODaily Journal Corporation0.59%$2.954.20%
DRSLeonardo DRS, Inc.0.59%$0.2020.75%
FCNCAFirst Citizens BancShares, Inc.0.59%$12.697.01%
AMEAMETEK, Inc.0.58%$1.2019.00%
KLACKLA Corporation0.57%$7.2622.67%
SXIStandex International Corporation0.57%$1.2729.15%
RDVTRed Violet, Inc.0.56%$0.2937.32%
0IRE.LFortive Corporation0.55%$0.3016.72%
AIMCAltra Industrial Motion Corp.0.55%$0.3417.56%
BWXTBWX Technologies, Inc.0.55%$1.0029.87%