Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Kilroy Realty Corporation (KRC)

Company Dividend Discount ModelIndustry: REIT - OfficeSector: Real Estate

Valuation Snapshot

Stable Growth$49.08 - $101.78$69.12
Multi-Stage$44.45 - $48.45$46.41
Blended Fair Value$57.77
Current Price$42.25
Upside36.73%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.48%8.02%2.162.152.092.001.891.651.512.871.161.07
YoY Growth--0.34%3.18%4.30%5.69%14.43%9.39%-47.34%147.88%8.36%7.07%
Dividend Yield--6.59%6.12%6.44%2.62%2.88%2.60%2.00%4.04%1.61%1.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)322.96
(-) Cash Dividends Paid (M)257.72
(=) Cash Retained (M)65.24
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)64.5940.3724.22
Cash Retained (M)65.2465.2465.24
(-) Cash Required (M)-64.59-40.37-24.22
(=) Excess Retained (M)0.6524.8741.02
(/) Shares Outstanding (M)118.71118.71118.71
(=) Excess Retained per Share0.010.210.35
LTM Dividend per Share2.172.172.17
(+) Excess Retained per Share0.010.210.35
(=) Adjusted Dividend2.182.382.52
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate4.47%5.47%6.47%
Fair Value$49.08$69.12$101.78
Upside / Downside16.17%63.59%140.90%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)322.96340.63359.26378.91399.64421.50434.14
Payout Ratio79.80%81.84%83.88%85.92%87.96%90.00%92.50%
Projected Dividends (M)257.72278.77301.35325.56351.52379.35401.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate4.47%5.47%6.47%
Year 1 PV (M)253.09255.51257.93
Year 2 PV (M)248.38253.16257.98
Year 3 PV (M)243.62250.68257.88
Year 4 PV (M)238.82248.09257.63
Year 5 PV (M)233.98245.39257.25
PV of Terminal Value (M)4,058.834,256.844,462.51
Equity Value (M)5,276.715,509.685,751.19
Shares Outstanding (M)118.71118.71118.71
Fair Value$44.45$46.41$48.45
Upside / Downside5.21%9.86%14.67%

High-Yield Dividend Screener

« Prev Page 45 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
558.SIUMS Holdings Limited3.60%$0.0588.87%
601019.SSShandong Publishing&Media Co.,Ltd3.60%$0.3141.99%
603233.SSDaShenLin Pharmaceutical Group Co., Ltd.3.60%$0.6463.21%
603658.SSAutobio Diagnostics Co., Ltd.3.60%$1.2766.33%
603661.SSHenglin Home Furnishings Co.,Ltd3.60%$1.1557.55%
6371.TTsubakimoto Chain Co.3.60%$83.2737.31%
FSMART.BKForth Smart Service Public Company Limited3.60%$0.2331.86%
KABE-B.STKABE Group AB (publ.)3.60%$8.0076.60%
SKLT.JKPT Sekar Laut Tbk3.60%$9.0042.24%
TFMAMA.BKThai President Foods Public Company Limited3.60%$6.9357.58%
002469.SZShandong Sunway Chemical Group Co., Ltd.3.59%$0.3072.05%
216050.KQIncross Co., Ltd.3.59%$241.9426.78%
2845.TWFar Eastern International Bank Ltd.3.59%$0.4654.51%
6461.TNippon Piston Ring Co., Ltd.3.59%$68.2725.12%
7751.TCanon Inc.3.59%$166.4591.69%
E4C.DEEcotel Communication Ag3.59%$0.4282.27%
LHA.DEDeutsche Lufthansa AG3.59%$0.3122.46%
NTBThe Bank of N.T. Butterfield & Son Limited3.59%$1.7833.40%
SVOA.BKSVOA Public Company Limited3.59%$0.0521.40%
TRAC-B.STAB Traction3.59%$9.0082.36%
0IX0.LGL Events S.A.3.58%$1.0420.20%
0QNG.LJungfraubahn Holding AG3.58%$10.2542.20%
3231.TNomura Real Estate Holdings, Inc.3.58%$34.6440.45%
4106.TWWellell Inc.3.58%$0.8058.20%
EIK.ICEik fasteignafélag hf.3.58%$0.5024.04%
053690.KSHanmiGlobal Co., Ltd.3.57%$642.0628.05%
286940.KSLotte Innovate Co Ltd3.57%$699.8899.32%
601158.SSChongqing Water Group Co.,Ltd.3.57%$0.1691.61%
ILC.SNInversiones La Construcción S.A.3.57%$650.4128.71%
058850.KSKtcs Corporation3.56%$100.0915.29%
1294.TWOHantech Bio-Technology Co., Ltd.3.56%$2.8166.03%
3283.TNippon Prologis REIT, Inc.3.56%$3,304.8853.00%
688121.SSShanghai Supezet Engineering Technology Corp., Ltd.3.56%$0.3973.41%
EMIRATESNBD.AEEmirates NBD Bank PJSC3.56%$1.0228.25%
FLEXO.ATFlexopack Société Anonyme Commercial and Industrial Plastics Company3.56%$0.3017.58%
006040.KSDongwon Industries Co., Ltd.3.55%$1,474.3049.91%
2715.TElematec Corporation3.55%$84.9964.74%
3700.HKInkeverse Group Limited3.55%$0.0411.74%
600958.SSOrient Securities Company Limited3.55%$0.3963.25%
7955.TCleanup Corporation3.55%$31.0045.30%
ISAT.JKPT Indosat Ooredoo Hutchison Tbk3.55%$83.7958.49%
PBSA.JKPT Paramita Bangun Sarana Tbk3.55%$55.0071.03%
004800.KSHyosung Corporation3.54%$3,986.8920.54%
6414.TWEnnoconn Corporation3.54%$10.1352.07%
WIHL.STWihlborgs Fastigheter AB (publ)3.54%$3.2044.13%
002081.SZSuzhou Gold Mantis Construction Decoration Co., Ltd.3.53%$0.1270.03%
0RHV.LInvestis Holding S.A.3.53%$5.1018.83%
2760.TTokyo Electron Device Limited3.53%$119.8646.59%
5515.TWChien Kuo Construction Co., Ltd.3.53%$1.2751.00%
600603.SSGuanghui Logistics Co.Ltd3.53%$0.2263.76%