Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Spire Inc. (SR-PA)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$334.04 - $920.12$862.28
Multi-Stage$140.83 - $153.85$147.22
Blended Fair Value$504.75
Current Price$81.52
Upside519.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS7.32%8.72%3.112.852.572.422.272.182.031.851.641.45
YoY Growth--9.04%10.88%6.20%6.53%4.06%7.56%9.48%12.99%12.91%7.85%
Dividend Yield--3.81%4.20%4.12%3.52%3.48%3.41%2.44%2.50%2.18%2.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)271.70
(-) Cash Dividends Paid (M)267.90
(=) Cash Retained (M)3.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54.3433.9620.38
Cash Retained (M)3.803.803.80
(-) Cash Required (M)-54.34-33.96-20.38
(=) Excess Retained (M)-50.54-30.16-16.58
(/) Shares Outstanding (M)58.6358.6358.63
(=) Excess Retained per Share-0.86-0.51-0.28
LTM Dividend per Share4.574.574.57
(+) Excess Retained per Share-0.86-0.51-0.28
(=) Adjusted Dividend3.714.064.29
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate5.32%6.32%7.32%
Fair Value$334.04$862.28$920.12
Upside / Downside309.76%957.75%1,028.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)271.70288.86307.11326.51347.13369.06380.13
Payout Ratio98.60%96.88%95.16%93.44%91.72%90.00%92.50%
Projected Dividends (M)267.90279.85292.25305.09318.39332.16351.62

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate5.32%6.32%7.32%
Year 1 PV (M)260.34262.81265.28
Year 2 PV (M)252.91257.73262.60
Year 3 PV (M)245.61252.67259.87
Year 4 PV (M)238.44247.63257.07
Year 5 PV (M)231.40242.60254.22
PV of Terminal Value (M)7,027.527,367.557,720.62
Equity Value (M)8,256.218,630.989,019.67
Shares Outstanding (M)58.6358.6358.63
Fair Value$140.83$147.22$153.85
Upside / Downside72.76%80.60%88.73%

High-Yield Dividend Screener

« Prev Page 55 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AUAngloGold Ashanti Plc2.92%$2.5056.24%
000529.SZGuangdong Guanghong Holdings Co.,Ltd.2.91%$0.1898.46%
0383.HKTian An Medicare Limited2.91%$0.0360.45%
105560.KSKB Financial Group Inc.2.91%$3,590.2922.69%
3899.HKCIMC Enric Holdings Limited2.91%$0.2825.59%
BIMAS.ISBIM Birlesik Magazalar A.S.2.91%$15.7864.92%
000951.SZSinotruk Jinan Truck Co., Ltd.2.90%$0.4935.94%
002541.SZAnhui Honglu Steel Construction(Group) Co. Ltd.2.90%$0.4853.40%
060720.KQKHVATEC Co.,Ltd.2.90%$330.7846.02%
0950.HKLee's Pharmaceutical Holdings Limited2.90%$0.0527.09%
0QLK.LHypothekarbank Lenzburg AG2.90%$115.2519.90%
0RMP.LBanque Cantonale de Genève S.A.2.90%$0.7111.87%
600167.SSLuenmei Quantum Co.,Ltd2.90%$0.2065.26%
IBAB.BRIon Beam Applications S.A.2.90%$0.3844.34%
METCO.BKMuramoto Electron (Thailand) Public Company Limited2.90%$8.0015.20%
002852.SZDaodaoquan Grain and Oil Co.,Ltd.2.89%$0.3037.22%
005680.KSSamyoung Electronics Co., Ltd2.89%$300.7749.07%
600526.SSZhejiang Feida Environmental Science & Technology Co., Ltd.2.89%$0.1548.23%
601377.SSIndustrial Securities Co.,Ltd.2.89%$0.2155.11%
688697.SSNeway CNC Equipment (Suzhou) Co., Ltd.2.89%$0.4466.80%
7738.TWOEui2.89%$5.5039.18%
AMXB.MXAmérica Móvil, S.A.B. de C.V.2.89%$0.5443.68%
OMASP.HEOma Säästöpankki Oyj2.89%$0.3625.24%
001200.KSEugene Investment & Securities Co.,Ltd.2.88%$99.9214.37%
002310.KSAsia Paper Manufacturing.Co.,Ltd2.88%$224.2442.56%
3357.TWOTAI-TECH Advanced Electronics Co., Ltd.2.88%$4.6148.95%
600496.SSChangjiang & Jinggong Steel Building (Group) Co., Ltd2.88%$0.1242.56%
603043.SSGuangzhou Restaurant Group Company Limited2.88%$0.5157.82%
PAXPatria Investments Limited2.88%$0.4666.16%
000528.SZGuangxi Liugong Machinery Co., Ltd.2.87%$0.3451.00%
2233.HKWest China Cement Limited2.87%$0.0938.77%
600660.SSFuyao Glass Industry Group Co., Ltd.2.87%$1.8653.34%
603579.SSShanghai Rongtai Health Technology Corporation Limited2.87%$0.6877.63%
EIF.TOExchange Income Corporation2.87%$2.3593.13%
000403.SZPacific Shuanglin Bio-pharmacy Co., Ltd.2.86%$0.3966.45%
002637.SZZanyu Technology Group Co., Ltd.2.86%$0.2980.65%
008260.KSNi Steel Co.,Ltd2.86%$99.9615.43%
0434.HKBoyaa Interactive International Limited2.86%$0.108.21%
0839.HKChina Education Group Holdings Limited2.86%$0.0977.39%
2949.TWOH.H.Galaxy Co., Ltd.2.86%$1.9353.15%
600480.SSLing Yun Industrial Corporation Limited2.86%$0.3556.75%
603373.SSAnbang Save-Guard Group Co.,Ltd.2.86%$1.0990.20%
603380.SSSuzhou Etron Technologies Co.,Ltd.2.86%$1.0977.96%
C09.SICity Developments Limited2.86%$0.2317.08%
0IKK.LDigia Oyj2.85%$0.1939.95%
4432.TWingArc1st Inc.2.85%$103.6268.51%
603998.SSHunan Fangsheng Pharmaceutical Co., Ltd.2.85%$0.3247.62%
FAGR.BRFagron N.V.2.85%$0.6227.65%
SKR.BKSikarin Public Company Limited2.85%$0.2061.04%
TPX-B.TOMolson Coors Canada Inc.2.85%$1.8635.97%