Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Motorola Solutions, Inc. (0K3H.L)

Company Dividend Discount ModelIndustry: Communication EquipmentSector: Technology

Valuation Snapshot

Stable Growth$569.08 - $2,480.71$1,367.56
Multi-Stage$291.55 - $318.90$304.98
Blended Fair Value$836.27
Current Price$456.52
Upside83.18%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.53%7.48%3.863.473.132.842.572.231.991.811.651.63
YoY Growth--11.04%11.13%9.96%10.55%15.04%12.46%9.77%9.64%1.08%-12.89%
Dividend Yield--0.89%0.98%1.09%1.19%1.36%1.65%1.42%1.72%1.91%2.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,116.00
(-) Cash Dividends Paid (M)710.00
(=) Cash Retained (M)1,406.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)423.20264.50158.70
Cash Retained (M)1,406.001,406.001,406.00
(-) Cash Required (M)-423.20-264.50-158.70
(=) Excess Retained (M)982.801,141.501,247.30
(/) Shares Outstanding (M)169.60169.60169.60
(=) Excess Retained per Share5.796.737.35
LTM Dividend per Share4.194.194.19
(+) Excess Retained per Share5.796.737.35
(=) Adjusted Dividend9.9810.9211.54
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate5.48%6.48%7.48%
Fair Value$569.08$1,367.56$2,480.71
Upside / Downside24.66%199.56%443.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,116.002,253.052,398.982,554.362,719.802,895.962,982.84
Payout Ratio33.55%44.84%56.13%67.42%78.71%90.00%92.50%
Projected Dividends (M)710.001,010.341,346.601,722.192,140.782,606.362,759.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate5.48%6.48%7.48%
Year 1 PV (M)932.52941.37950.21
Year 2 PV (M)1,147.171,169.021,191.08
Year 3 PV (M)1,354.131,393.011,432.63
Year 4 PV (M)1,553.621,613.381,674.85
Year 5 PV (M)1,745.831,830.181,917.75
PV of Terminal Value (M)42,713.6044,777.1446,919.68
Equity Value (M)49,446.8751,724.1054,086.20
Shares Outstanding (M)169.60169.60169.60
Fair Value$291.55$304.98$318.90
Upside / Downside-36.14%-33.20%-30.14%

High-Yield Dividend Screener

« Prev Page 44 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600583.SSOffshore Oil Engineering Co.,Ltd3.66%$0.2043.97%
601038.SSFirst Tractor Company Limited3.66%$0.5271.49%
601083.SSShanghai Jinjiang Shipping (Group) Co., Ltd.3.66%$0.4135.56%
601860.SSJiangsu Zijin Rural Commercial Bank Co.,Ltd3.66%$0.1025.05%
ENTEL.SNEmpresa Nacional de Telecomunicaciones S.A.3.66%$179.3263.27%
GGRM.JKPT Gudang Garam Tbk3.66%$500.0087.83%
GOB.DECompagnie de Saint-Gobain S.A.3.66%$3.1932.66%
HCLTECH.BOHCL Technologies Limited3.66%$60.0195.42%
LDA.MCLínea Directa Aseguradora, S.A.3.66%$0.0445.97%
QUB.AXQube Holdings Limited3.66%$0.1892.53%
RCIRogers Communications Inc.3.66%$1.3911.08%
RYRoyal Bank of Canada3.66%$6.2443.22%
VTWR.DEVantage Towers AG3.66%$1.1972.52%
2103.TWTSRC Corporation3.65%$0.5586.36%
383800.KSLX Holdings Corp.3.65%$289.9515.18%
3978.HKChina Beststudy Education Group3.65%$0.1427.04%
4952.TWGeneralplus Technology Inc.3.65%$1.2983.85%
QAL.AXQualitas Limited3.65%$0.1366.09%
300628.SZYealink Network Technology Co., Ltd.3.64%$1.3064.58%
688517.SSJinGuan Electric Co., Ltd.3.64%$0.5791.64%
CEZ.PRCEZ, a. s.3.64%$47.1187.97%
EB5.SIFirst Resources Limited3.64%$0.0840.25%
HEIJM.ASKoninklijke Heijmans N.V.3.64%$2.5236.26%
NOVN.SWNovartis AG3.64%$3.9954.32%
0631.HKSany Heavy Equipment International Holdings Company Limited3.63%$0.3138.50%
0MT8.LDrägerwerk AG & Co. KGaA3.63%$2.0031.00%
0N9Z.LEVS Broadcast Equipment S.A.3.63%$1.3426.19%
267980.KQMaeil Dairies Co., Ltd.3.63%$1,244.0920.37%
600968.SSCNOOC Energy Technology & Services Limited3.63%$0.1437.04%
AALI.JKPT Astra Agro Lestari Tbk3.63%$267.9736.41%
EKTER.ATEkter S.A.3.63%$0.1322.08%
IGM.TOIGM Financial Inc.3.63%$2.2551.57%
018670.KSSK Gas Co., Ltd.3.62%$7,934.7324.18%
0RGI.LCosmo Pharmaceuticals N.V.3.62%$3.8148.74%
101530.KSHaitai Confectionery&Foods Co.,ltd.3.62%$250.1327.55%
230360.KQEchomarketing Co.,Ltd.3.62%$503.2355.69%
SANB11.SABanco Santander (Brasil) S.A.3.62%$1.2276.05%
SBSP3.SACompanhia de Saneamento Básico do Estado de São Paulo - SABESP3.62%$4.8245.66%
000786.SZBeijing New Building Materials Public Limited Company3.61%$0.9049.35%
003013.SZGuangzhou Metro Design & Research Institute Co., Ltd.3.61%$0.5137.72%
272550.KSSamyang Packaging Corporation3.61%$482.8352.27%
300908.SZZhongjing Food Co., Ltd.3.61%$1.0081.13%
4188.TMitsubishi Chemical Group Corporation3.61%$33.0539.87%
600332.SSGuangzhou Baiyunshan Pharmaceutical Holdings Company Limited3.61%$0.9350.53%
600742.SSChangchun FAWAY Automobile Components Co.,Ltd3.61%$0.3653.61%
600928.SSBank of Xi'an Co.,Ltd.3.61%$0.1322.27%
CTD.AXCorporate Travel Management Limited3.61%$0.5847.61%
SAMTEL.BKSamart Telcoms Public Company Limited3.61%$0.1583.39%
0K9W.ILHuhtamäki Oyj3.60%$1.0756.07%
0M6I.LHeijmans N.V.3.60%$2.5236.26%