Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

John Hancock Premium Dividend Fund (PDT)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$21.02 - $29.84$25.36
Multi-Stage$37.10 - $40.67$38.85
Blended Fair Value$32.11
Current Price$12.64
Upside154.01%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.08%-2.86%0.991.091.131.151.161.161.631.421.081.09
YoY Growth---9.44%-2.89%-2.10%-0.91%0.26%-29.01%14.57%31.19%-0.12%-17.91%
Dividend Yield--7.72%11.42%8.05%6.73%9.25%6.54%10.42%8.39%7.25%7.94%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)157.57
(-) Cash Dividends Paid (M)98.73
(=) Cash Retained (M)58.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)31.5119.7011.82
Cash Retained (M)58.8358.8358.83
(-) Cash Required (M)-31.51-19.70-11.82
(=) Excess Retained (M)27.3239.1447.01
(/) Shares Outstanding (M)49.1949.1949.19
(=) Excess Retained per Share0.560.800.96
LTM Dividend per Share2.012.012.01
(+) Excess Retained per Share0.560.800.96
(=) Adjusted Dividend2.562.802.96
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.76%-1.76%-0.76%
Fair Value$21.02$25.36$29.84
Upside / Downside66.29%100.67%136.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)157.57154.80152.07149.40146.77144.19148.52
Payout Ratio62.66%68.13%73.60%79.06%84.53%90.00%92.50%
Projected Dividends (M)98.73105.46111.92118.12124.07129.77137.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.76%-1.76%-0.76%
Year 1 PV (M)95.6896.6797.65
Year 2 PV (M)92.1394.0395.96
Year 3 PV (M)88.2290.9793.77
Year 4 PV (M)84.0787.5891.20
Year 5 PV (M)79.7883.9688.33
PV of Terminal Value (M)1,384.921,457.611,533.32
Equity Value (M)1,824.791,910.822,000.22
Shares Outstanding (M)49.1949.1949.19
Fair Value$37.10$38.85$40.67
Upside / Downside193.52%207.35%221.73%

High-Yield Dividend Screener

« Prev Page 48 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3269.TAdvance Residence Investment Corporation3.39%$5,804.0552.10%
CTZ.VNamSys Inc.3.39%$0.0556.26%
FILTRA.BOFiltra Consultants and Engineers Limited3.39%$2.4484.66%
INWI.STInwido AB (publ)3.39%$5.4860.02%
000422.SZHubei Yihua Chemical Industry Co., Ltd.3.38%$0.4872.32%
002318.SZZhejiang Jiuli Hi-Tech Metals Co., Ltd.3.38%$0.9854.31%
002533.SZGold cup Electric Apparatus Co.,Ltd.3.38%$0.4250.59%
003490.KSKorean Air Lines Co., Ltd.3.38%$750.2629.70%
600578.SSBeijing Jingneng Power Co., Ltd.3.38%$0.1733.20%
601811.SSXinhua Winshare Publishing and Media Co., Ltd.3.38%$0.4534.30%
7270.TSubaru Corporation3.38%$114.7827.17%
JHGJanus Henderson Group plc3.38%$1.6146.72%
002714.SZMuyuan Foods Co., Ltd.3.37%$1.7041.84%
019210.KQYG-1 Co., Ltd.3.37%$174.8833.83%
1954.TNippon Koei Co., Ltd.3.37%$126.0437.37%
7TEC.BOSaven Technologies Limited3.37%$1.5048.59%
8252.TMarui Group Co., Ltd.3.37%$108.4166.71%
9739.TNSW Inc.3.37%$85.1035.17%
0JMU.Ltechnotrans SE3.36%$1.1552.64%
4321.SRArabian Centres Company3.36%$0.6424.31%
600141.SSHubei Xingfa Chemicals Group Co., Ltd.3.36%$1.1683.90%
601825.SSShanghai Rural Commercial Bank Co., Ltd.3.36%$0.3124.33%
KC4.DEKONE Oyj3.36%$1.8095.42%
OTEXOpen Text Corporation3.36%$1.0755.28%
294870.KSHDC Hyundai Development Company3.35%$700.0023.41%
4212.TSekisui Jushi Corporation3.35%$71.2959.28%
B61.SIBukit Sembawang Estates Limited3.35%$0.1636.24%
CAMB.BRCampine N.V.3.35%$7.6318.23%
ELIS.PAElis S.A.3.35%$0.8033.62%
KREATE.HEKreate Group Oyj3.35%$0.4379.17%
M12.DEM1 Kliniken AG3.35%$0.6132.73%
XGR2.DECompass Group PLC3.35%$0.9061.67%
004430.KSSongwon Industrial Co., Ltd.3.34%$301.2433.59%
0N66.LATOSS Software AG3.34%$3.8280.44%
6219.TWOFull Wang International Development Co., Ltd.3.34%$0.6777.89%
9537.SRAmwaj International Company3.34%$1.0094.38%
AMATAV.BKAmata VN Public Company Limited3.34%$0.0621.41%
EOAN.DEE.on Se3.34%$0.5547.88%
030190.KQNICE Information Service Co., Ltd.3.33%$331.9538.71%
089470.KSHDC Hyundai Engineering Plastics Co., Ltd.3.33%$140.0111.49%
2373.HKBeauty Farm Medical and Health Industry Inc.3.33%$0.8841.42%
600258.SSBTG Hotels (Group) Co., Ltd.3.33%$0.5674.23%
601518.SSJilin Expressway Co., Ltd.3.33%$0.0932.60%
6584.TSanoh Industrial Co., Ltd.3.33%$28.5739.95%
6843.TWOJDV Control Valves Co., Ltd.3.33%$1.9085.01%
ARASE.ISDogu Aras Enerji Yatirimlari AS3.33%$2.3841.72%
AZA.STAvanza Bank Holding AB (publ)3.33%$11.7070.53%
BAY-R.BKBank of Ayudhya Public Company Limited3.33%$0.8720.61%
SL.MISanlorenzo S.p.A.3.33%$1.0133.16%
STNGScorpio Tankers Inc.3.33%$1.6528.37%