Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Grindrod Limited (GND.JO)

Company Dividend Discount ModelIndustry: Integrated Freight & LogisticsSector: Industrials

Valuation Snapshot

Stable Growth$57.84 - $108.98$78.59
Multi-Stage$53.17 - $58.06$55.57
Blended Fair Value$67.08
Current Price$12.46
Upside438.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.66%6.20%0.720.671.010.070.240.310.110.110.170.53
YoY Growth--8.47%-33.72%1,345.71%-70.74%-22.63%189.35%-7.40%-32.33%-68.08%33.98%
Dividend Yield--6.07%5.83%10.09%1.41%4.72%6.12%1.73%0.87%1.26%4.72%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,474.76
(-) Cash Dividends Paid (M)1,016.16
(=) Cash Retained (M)1,458.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)494.95309.35185.61
Cash Retained (M)1,458.601,458.601,458.60
(-) Cash Required (M)-494.95-309.35-185.61
(=) Excess Retained (M)963.651,149.251,272.99
(/) Shares Outstanding (M)667.97667.97667.97
(=) Excess Retained per Share1.441.721.91
LTM Dividend per Share1.521.521.52
(+) Excess Retained per Share1.441.721.91
(=) Adjusted Dividend2.963.243.43
WACC / Discount Rate9.54%9.54%9.54%
Growth Rate4.20%5.20%6.20%
Fair Value$57.84$78.59$108.98
Upside / Downside364.19%530.70%774.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,474.762,603.352,738.632,880.933,030.633,188.103,283.75
Payout Ratio41.06%50.85%60.64%70.42%80.21%90.00%92.50%
Projected Dividends (M)1,016.161,323.781,660.612,028.882,430.932,869.293,037.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.54%9.54%9.54%
Growth Rate4.20%5.20%6.20%
Year 1 PV (M)1,197.051,208.531,220.02
Year 2 PV (M)1,357.881,384.071,410.51
Year 3 PV (M)1,500.191,543.791,588.24
Year 4 PV (M)1,625.391,688.691,753.83
Year 5 PV (M)1,734.831,819.691,907.84
PV of Terminal Value (M)28,099.7729,474.3130,902.12
Equity Value (M)35,515.1037,119.0838,782.55
Shares Outstanding (M)667.97667.97667.97
Fair Value$53.17$55.57$58.06
Upside / Downside326.72%345.99%365.98%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%