Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$52.50 - $75.55$63.75
Multi-Stage$86.15 - $94.55$90.27
Blended Fair Value$77.01
Current Price$24.82
Upside210.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020
DPS0.00%0.00%1.781.951.800.000.000.000.000.000.000.00
YoY Growth---8.88%8.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--7.10%10.43%10.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)255.42
(-) Cash Dividends Paid (M)97.08
(=) Cash Retained (M)158.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)51.0831.9319.16
Cash Retained (M)158.34158.34158.34
(-) Cash Required (M)-51.08-31.93-19.16
(=) Excess Retained (M)107.26126.42139.19
(/) Shares Outstanding (M)34.3734.3734.37
(=) Excess Retained per Share3.123.684.05
LTM Dividend per Share2.822.822.82
(+) Excess Retained per Share3.123.684.05
(=) Adjusted Dividend5.946.506.87
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Fair Value$52.50$63.75$75.55
Upside / Downside111.51%156.84%204.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)255.42252.87250.34247.84245.36242.90250.19
Payout Ratio38.01%48.41%58.80%69.20%79.60%90.00%92.50%
Projected Dividends (M)97.08122.40147.21171.51195.31218.61231.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)111.06112.19113.33
Year 2 PV (M)121.20123.68126.19
Year 3 PV (M)128.12132.08136.12
Year 4 PV (M)132.38137.86143.52
Year 5 PV (M)134.45141.45148.74
PV of Terminal Value (M)2,333.982,455.512,582.06
Equity Value (M)2,961.173,102.783,249.96
Shares Outstanding (M)34.3734.3734.37
Fair Value$86.15$90.27$94.55
Upside / Downside247.10%263.70%280.95%

High-Yield Dividend Screener

« Prev Page 36 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603317.SSSichuan Teway Food Group Co.,Ltd4.37%$0.5599.52%
ATRUST.ATAlpha Trust Mutual Fund and Alternative Investment Fund Management S.A.4.37%$0.5666.75%
BAM-R.BKBangkok Commercial Asset Management Public Company Limited4.37%$0.3550.66%
BPP-R.BKBanpu Power Public Company Limited4.37%$0.5585.50%
CRR-UN.TOCrombie Real Estate Investment Trust4.37%$0.6776.03%
U14.SIUOL Group Limited4.37%$0.3828.25%
016710.KSDaesung Holdings Co., Ltd.4.36%$368.1823.51%
093050.KSLF Corp.4.36%$772.5624.62%
600285.SSHenan Lingrui Pharmaceutical Co., Ltd.4.36%$0.9064.11%
EMAARDEV.AEEmaar Development PJSC4.36%$0.6827.01%
EN.PABouygues S.A.4.36%$1.9772.18%
HWX.TOHeadwater Exploration Inc.4.36%$0.4257.78%
PIRC.MIPirelli & C. S.p.A.4.36%$0.2651.67%
ZWACK.BDZwack Unicum Nyrt.4.36%$1,500.0088.31%
000531.SZGuangzhou Hengyun Enterprises Holding Ltd4.35%$0.2868.19%
000538.SZYunnan Baiyao Group Co.,Ltd4.35%$2.4784.67%
4792.TYAMADA Consulting Group Co.,Ltd.4.35%$76.8861.51%
603165.SSZhejiang Rongsheng Environmental Protection Paper Joint Stock Co., Ltd.4.35%$0.5573.83%
SBFG3.SAGrupo SBF S.A.4.35%$0.5537.97%
000240.KSHankook & Company Co., Ltd.4.34%$1,090.2033.39%
WCP.TOWhitecap Resources Inc.4.34%$0.5168.17%
8595.TJAFCO Group Co., Ltd.4.33%$104.3181.02%
ADW-A.TOAndrew Peller Limited4.33%$0.2364.87%
ITRNIturan Location and Control Ltd.4.33%$1.8464.72%
MRG-UN.TOMorguard North American Residential Real Estate Investment Trust4.33%$0.7528.03%
SYNEX-R.BKSynnex (Thailand) Public Company Limited4.33%$0.4353.70%
002275.SZGuilin Sanjin Pharmaceutical Co., Ltd.4.32%$0.6168.51%
091700.KQPartron Co., Ltd.4.32%$299.9351.71%
000333.SZMidea Group Co., Ltd.4.31%$3.3757.37%
002460.KSHS Hwasung Co., Ltd.4.31%$499.9314.25%
002833.SZGuangzhou KDT Machinery Co.,Ltd.4.31%$0.7074.51%
1050.HKKarrie International Holdings Limited4.31%$0.1159.43%
2763.TFTGroup Co., Ltd.4.31%$55.3330.88%
SB1NO.OLSpareBank 1 Sørøst-Norge4.31%$8.5049.18%
018250.KSAekyung Industrial Co., Ltd.4.30%$579.5745.50%
300441.SZNingbo BaoSi Energy Equipment Co., Ltd.4.30%$0.3272.05%
4042.TTosoh Corporation4.30%$101.0478.91%
4261.SRTheeb Rent A Car Company4.30%$1.6436.96%
AVIA.JKPT Avia Avian Tbk4.30%$22.3878.99%
PREVA.ASValue8 N.V.4.30%$0.2111.56%
SONYN.MXSony Group Corporation4.30%$20.0110.30%
SYMC.BKSymphony Communication Public Company Limited4.30%$0.1542.26%
TOA.BKTOA Paint (Thailand) Public Company Limited4.30%$0.5846.29%
2546.TWKedge Construction Co., Ltd.4.29%$3.6945.15%
267290.KSKyungdong City Gas Co., Ltd4.29%$875.0617.76%
601168.SSWestern Mining Co.,Ltd.4.29%$1.1989.92%
INH.DEINDUS Holding AG4.29%$1.2259.56%
OSP-R.BKOsotspa Public Company Limited4.29%$0.6959.37%
PE1.AXPengana Private Equity Trust4.29%$0.0632.51%
003540.KSDaishin Securities Co., Ltd.4.28%$1,158.7444.30%