Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

National Fuel Gas Company (NFG)

Company Dividend Discount ModelIndustry: Oil & Gas IntegratedSector: Energy

Valuation Snapshot

Stable Growth$87.96 - $166.87$119.83
Multi-Stage$110.17 - $120.77$115.37
Blended Fair Value$117.60
Current Price$92.37
Upside27.31%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.21%3.72%2.072.011.931.841.791.681.621.571.521.48
YoY Growth--2.52%4.37%4.73%3.10%6.37%4.00%2.90%3.02%3.14%3.14%
Dividend Yield--2.24%3.32%3.85%2.91%2.80%4.09%3.47%3.07%2.78%2.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)518.50
(-) Cash Dividends Paid (M)188.44
(=) Cash Retained (M)330.07
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)103.7064.8138.89
Cash Retained (M)330.07330.07330.07
(-) Cash Required (M)-103.70-64.81-38.89
(=) Excess Retained (M)226.37265.25291.18
(/) Shares Outstanding (M)91.2491.2491.24
(=) Excess Retained per Share2.482.913.19
LTM Dividend per Share2.072.072.07
(+) Excess Retained per Share2.482.913.19
(=) Adjusted Dividend4.554.975.26
WACC / Discount Rate7.49%7.49%7.49%
Growth Rate2.21%3.21%4.21%
Fair Value$87.96$119.83$166.87
Upside / Downside-4.77%29.73%80.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)518.50535.15552.33570.07588.37607.26625.48
Payout Ratio36.34%47.07%57.81%68.54%79.27%90.00%92.50%
Projected Dividends (M)188.44251.92319.28390.71466.39546.54578.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.49%7.49%7.49%
Growth Rate2.21%3.21%4.21%
Year 1 PV (M)232.09234.36236.63
Year 2 PV (M)270.99276.32281.70
Year 3 PV (M)305.50314.56323.79
Year 4 PV (M)335.97349.32363.05
Year 5 PV (M)362.71380.80399.61
PV of Terminal Value (M)8,544.278,970.509,413.57
Equity Value (M)10,051.5310,525.8511,018.35
Shares Outstanding (M)91.2491.2491.24
Fair Value$110.17$115.37$120.77
Upside / Downside19.27%24.90%30.74%

High-Yield Dividend Screener

« Prev Page 51 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
032560.KSHwang Kum Steel & Technology Co., Ltd3.18%$186.8216.67%
036800.KQNice Information & Telecommunication, Inc.3.18%$810.0915.68%
0E9V.LEnergiekontor AG3.18%$1.1915.28%
0OG6.LSéché Environnement S.A.3.18%$2.3123.47%
BISI.JKPT BISI International Tbk3.18%$28.0058.11%
ESSITY-A.STEssity AB (publ)3.18%$8.3146.35%
WDP.BRWarehouses De Pauw3.18%$0.7043.49%
002030.KSAsia Holdings Co., Ltd.3.17%$10,332.5636.76%
002532.SZTianshan Aluminum Group Co., Ltd.3.17%$0.5150.09%
012280.KSYeong Hwa Metal Co., Ltd.3.17%$30.0812.47%
0QOB.LAutoneum Holding AG3.17%$5.3138.94%
0RV0.LReply S.p.A.3.17%$3.1542.92%
8174.TNippon Gas Co., Ltd.3.17%$94.1480.69%
PTMP.JKPT Mitra Pack Tbk3.17%$2.6677.22%
QGTS.QAQatar Gas Transport Company Limited (Nakilat) (QPSC)3.17%$0.1447.21%
YKBNK.ISYapi ve Kredi Bankasi A.S.3.17%$1.2122.97%
003200.KSIlshin Spinning Co.,Ltd3.16%$378.1131.94%
092730.KQNeoPharm Co. Ltd.3.16%$600.6333.76%
EALT3.SAElectro Aço Altona S.A.3.16%$0.469.60%
028670.KSPan Ocean Co., Ltd.3.15%$119.6221.90%
1508.HKChina Reinsurance (Group) Corporation3.15%$0.0611.64%
2945.TWSimple Mart Retail Co., Ltd.3.15%$1.2058.50%
3167.TTOKAI Holdings Corporation3.15%$34.0942.72%
ACLN.SWAccelleron Industries AG3.15%$1.9453.11%
ALWEC.PAWe.Connect S.A.3.15%$0.7711.96%
PWH.AXPWR Holdings Limited3.15%$0.2572.35%
603115.SSNantong Haixing Electronics Co., Ltd.3.14%$0.5970.53%
603730.SSShanghai Daimay Automotive Interior Co., Ltd3.14%$0.2794.69%
6459.TDaiwa Industries Ltd.3.14%$49.9046.32%
7849.TStarts Publishing Corporation3.14%$119.6231.71%
KDH.BKThonburi Medical Centre Public Company Limited3.14%$2.5432.51%
OISHI.BKOishi Group Public Company Limited3.14%$1.6048.61%
TAALA.HETaaleri Oyj3.14%$0.2433.28%
WIE.VIWienerberger AG3.14%$0.9555.36%
2645.TWEvergreen Aviation Technologies Corporation3.13%$4.4985.07%
4561.TWOKenturn Nano. Tec. Co., Ltd.3.13%$1.0196.50%
601330.SSDynagreen Environmental Protection Group Co., Ltd.3.13%$0.2141.43%
603939.SSYifeng Pharmacy Chain Co., Ltd.3.13%$0.6850.18%
6287.TSato Holdings Corporation3.13%$75.1834.02%
EUCA3.SAEucatex S.A. Indústria e Comércio3.13%$0.6521.57%
MAIRE.MIMaire Tecnimont S.p.A.3.13%$0.4157.25%
MI-UN.TOMinto Apartment Real Estate Investment Trust3.13%$0.4335.25%
100120.KQVieworks Co., Ltd.3.12%$614.2427.04%
601200.SSShanghai Environment Group Co., Ltd3.12%$0.2556.81%
9611.SRArabian United Float Glass Company3.12%$1.0025.86%
000933.SZHenan Shenhuo Coal Industary and Electricity Power Corporation Limited Class A3.11%$0.8544.77%
2402.TWIchia Technologies, Inc.3.11%$1.9778.30%
600352.SSZhejiang Longsheng Group Co.,Ltd3.11%$0.3352.01%
600529.SSShandong Pharmaceutical Glass Co., Ltd3.11%$0.6253.78%
6416.TWCASwell Inc.3.11%$2.8067.49%