DDM Analysis: OCFC

Valuation Snapshot

Stable Growth	$34.97 - $103.03	$55.17
Multi-Stage	$24.25 - $26.45	$25.33
Blended Fair Value	$40.25
Current Price	$17.57
Upside	129.07%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	8.24%	19.97%	0.88	0.89	0.82	0.77	0.74	0.59	0.51	0.33	0.22	0.15
YoY Growth	-	-	-0.77%	7.92%	6.74%	3.71%	25.34%	15.82%	53.29%	52.87%	45.13%	5.48%
Dividend Yield	-	-	5.18%	5.61%	4.45%	3.83%	3.10%	3.73%	2.12%	1.25%	0.77%	0.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	79.79
(-) Cash Dividends Paid (M)	49.45
(=) Cash Retained (M)	30.34

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	15.96	9.97	5.98
Cash Retained (M)	30.34	30.34	30.34
(-) Cash Required (M)	-15.96	-9.97	-5.98
(=) Excess Retained (M)	14.38	20.37	24.36
(/) Shares Outstanding (M)	57.77	57.77	57.77
(=) Excess Retained per Share	0.25	0.35	0.42
LTM Dividend per Share	0.86	0.86	0.86
(+) Excess Retained per Share	0.25	0.35	0.42
(=) Adjusted Dividend	1.10	1.21	1.28
WACC / Discount Rate	8.83%	8.83%	8.83%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$34.97	$55.17	$103.03
Upside / Downside	99.06%	213.99%	486.40%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	79.79	84.98	90.50	96.39	102.65	109.32	112.60
Payout Ratio	61.98%	67.58%	73.19%	78.79%	84.40%	90.00%	92.50%
Projected Dividends (M)	49.45	57.43	66.24	75.94	86.63	98.39	104.16

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.83%	8.83%	8.83%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	52.27	52.77	53.27
Year 2 PV (M)	54.88	55.92	56.98
Year 3 PV (M)	57.27	58.91	60.59
Year 4 PV (M)	59.46	61.75	64.10
Year 5 PV (M)	61.47	64.44	67.52
PV of Terminal Value (M)	1,115.62	1,169.50	1,225.45
Equity Value (M)	1,400.98	1,463.30	1,527.91
Shares Outstanding (M)	57.77	57.77	57.77
Fair Value	$24.25	$25.33	$26.45
Upside / Downside	38.02%	44.16%	50.52%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 46 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
ATCOL	Atlas Corp.	3.53%	$0.89	30.47%
AWC-R.BK	Asset World Corp Public Company Limited	3.53%	$0.07	37.62%
CCRO3.SA	CCR S.A.	3.53%	$0.48	66.57%
HMU.DE	HMS Bergbau AG	3.53%	$1.69	29.89%
RAUTE.HE	Raute Oyj	3.53%	$0.52	26.97%
RWE.DE	RWE AG	3.53%	$1.66	46.76%
SNL.AX	Supply Network Limited	3.53%	$1.13	67.28%
0NHS.L	Nutrien Ltd.	3.52%	$2.18	58.76%
CELL.MI	Cellularline S.p.A.	3.52%	$0.09	34.70%
INFREA.ST	Infrea AB	3.52%	$0.50	67.57%
ISSP.JK	PT Steel Pipe Industry of Indonesia Tbk	3.52%	$15.00	19.85%
MGA	Magna International Inc.	3.52%	$1.92	52.47%
PARP.PA	Groupe Partouche S.A.	3.52%	$0.64	38.61%
PKI.TO	Parkland Corporation	3.52%	$1.40	73.81%
SMU.SN	SMU S.A.	3.52%	$5.49	46.99%
161390.KS	Hankook Tire & Technology Co., Ltd.	3.51%	$2,000.00	25.86%
300360.SZ	Hangzhou Sunrise Technology Co., Ltd.	3.51%	$0.61	52.03%
5106.KL	Axis Real Estate Investment Trust	3.51%	$0.07	56.99%
601128.SS	Jiangsu Changshu Rural Commercial Bank Co., Ltd.	3.51%	$0.25	19.56%
INTP.JK	PT Indocement Tunggal Prakarsa Tbk	3.51%	$259.81	43.04%
RATO-A.ST	Ratos AB (publ)	3.51%	$1.35	12.15%
002887.SZ	Tianjin LVYIN Landscape and Ecology Construction Co., Ltd	3.50%	$0.33	84.50%
603062.SS	MEGA P&C Advanced Materials (Shanghai) Company Limited	3.50%	$1.66	74.27%
CMCL	Caledonia Mining Corporation Plc	3.50%	$0.92	35.87%
DLO	DLocal Limited	3.50%	$0.49	87.74%
LAZ	Lazard Ltd	3.50%	$1.74	67.48%
TWL.MI	TraWell Co S.p.A.	3.50%	$0.21	28.69%
WJP.SI	VICOM Ltd	3.50%	$0.06	66.95%
005610.KS	SPC Samlip Co., Ltd.	3.49%	$1,803.39	45.19%
0RFL.L	VAT Group AG	3.49%	$12.50	88.50%
2030.HK	Cabbeen Fashion Limited	3.49%	$0.05	63.92%
5206.TWO	Kunyue Development Co., Ltd.	3.49%	$1.18	21.91%
5246.KL	Westports Holdings Berhad	3.49%	$0.20	71.36%
5989.T	H-One Co.,Ltd.	3.49%	$49.44	14.49%
ACO-X.TO	ATCO Ltd.	3.49%	$1.98	50.80%
CNI	Canadian National Railway Company	3.49%	$3.50	50.64%
PEAB3.SA	Companhia de Participações Aliança da Bahia	3.49%	$1.36	78.68%
026960.KS	Dong Suh Companies Inc.	3.48%	$905.33	62.72%
055550.KS	Shinhan Financial Group Co., Ltd.	3.48%	$2,668.74	26.55%
0QK5.L	INFICON Holding AG	3.48%	$3.44	43.54%
6722.TWO	Whetron Electronics Co.,Ltd.	3.48%	$1.99	24.71%
HOLM-A.ST	Holmen AB (publ)	3.48%	$12.23	66.11%
002206.SZ	Zhejiang Hailide New Material Co.,Ltd	3.47%	$0.20	43.30%
3004.SR	Northern Region Cement Company	3.47%	$0.25	79.89%
4129.TWO	United Orthopedic Corporation	3.47%	$3.80	69.70%
600133.SS	Wuhan East Lake High Technology Group Co., Ltd.	3.47%	$0.32	87.27%
601995.SS	China International Capital Corporation Limited	3.47%	$1.21	62.35%
6471.T	NSK Ltd.	3.47%	$33.82	92.34%
CSED3.SA	Cruzeiro do Sul Educacional S.A.	3.47%	$0.21	30.49%
GPRA.JK	PT Perdana Gapuraprima Tbk	3.47%	$5.00	18.12%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

OceanFirst Financial Corp. (OCFC)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener