DDM Analysis: KEY

Valuation Snapshot

Stable Growth	$10.10 - $15.82	$12.73
Multi-Stage	$13.14 - $14.31	$13.72
Blended Fair Value	$13.22
Current Price	$18.69
Upside	-29.26%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.89%	14.47%	0.86	0.85	0.80	0.77	0.77	0.75	0.61	0.45	0.31	0.25
YoY Growth	-	-	1.76%	6.67%	3.77%	-0.72%	3.11%	22.56%	36.67%	43.28%	25.47%	11.25%
Dividend Yield	-	-	5.40%	5.48%	6.35%	3.43%	3.87%	7.22%	3.74%	2.29%	1.76%	2.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,075.00
(-) Cash Dividends Paid (M)	1,030.00
(=) Cash Retained (M)	45.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	215.00	134.38	80.63
Cash Retained (M)	45.00	45.00	45.00
(-) Cash Required (M)	-215.00	-134.38	-80.63
(=) Excess Retained (M)	-170.00	-89.38	-35.63
(/) Shares Outstanding (M)	1,073.46	1,073.46	1,073.46
(=) Excess Retained per Share	-0.16	-0.08	-0.03
LTM Dividend per Share	0.96	0.96	0.96
(+) Excess Retained per Share	-0.16	-0.08	-0.03
(=) Adjusted Dividend	0.80	0.88	0.93
WACC / Discount Rate	9.90%	9.90%	9.90%
Growth Rate	1.82%	2.82%	3.82%
Fair Value	$10.10	$12.73	$15.82
Upside / Downside	-45.98%	-31.90%	-15.36%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,075.00	1,105.35	1,136.56	1,168.66	1,201.65	1,235.58	1,272.65
Payout Ratio	95.81%	94.65%	93.49%	92.33%	91.16%	90.00%	92.50%
Projected Dividends (M)	1,030.00	1,046.23	1,062.56	1,078.97	1,095.46	1,112.02	1,177.20

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.90%	9.90%	9.90%
Growth Rate	1.82%	2.82%	3.82%
Year 1 PV (M)	942.70	951.96	961.22
Year 2 PV (M)	862.67	879.70	896.89
Year 3 PV (M)	789.31	812.79	836.74
Year 4 PV (M)	722.07	750.86	780.50
Year 5 PV (M)	660.46	693.53	727.92
PV of Terminal Value (M)	10,128.54	10,635.77	11,163.11
Equity Value (M)	14,105.76	14,724.61	15,366.38
Shares Outstanding (M)	1,073.46	1,073.46	1,073.46
Fair Value	$13.14	$13.72	$14.31
Upside / Downside	-29.69%	-26.61%	-23.41%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 56 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
028050.KS	Samsung Engineering Co., Ltd.	2.84%	$661.03	23.31%
097520.KS	MCNEX Co., Ltd	2.84%	$823.52	19.44%
6187.TWO	All Ring Tech Co., Ltd.	2.84%	$10.58	64.87%
CBAV3.SA	Companhia Brasileira de Alumínio	2.84%	$0.20	55.55%
CWB.TO	Canadian Western Bank	2.84%	$1.61	52.64%
GEPA3.SA	Rio Paranapanema Energia S.A.	2.84%	$0.85	18.05%
VRANDA.BK	Veranda Resort Public Company Limited	2.84%	$0.13	60.80%
002823.SZ	Shenzhen Kaizhong Precision Technology Co., Ltd.	2.83%	$0.45	63.43%
002831.SZ	ShenZhen YUTO Packaging Technology Co., Ltd.	2.83%	$0.81	49.61%
006360.KS	GS Engineering & Construction Corporation	2.83%	$532.69	91.52%
AEFES.IS	Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi	2.83%	$0.45	25.40%
BTPN.JK	PT Bank SMBC Indonesia Tbk	2.83%	$60.33	24.97%
NHY.OL	Norsk Hydro ASA	2.83%	$2.25	46.34%
OSP2.DE	USU Software AG	2.83%	$0.52	91.56%
000850.KS	Hwacheon Machine Tool Co. Ltd	2.82%	$1,050.00	33.65%
2205.HK	Kangqiao Service Group Limited	2.82%	$0.04	36.89%
2458.HK	Gala Technology Holding Limited	2.82%	$0.18	14.30%
688526.SS	Wuhan Keqian Biology Co.,Ltd	2.82%	$0.43	43.47%
7148.KL	Duopharma Biotech Berhad	2.82%	$0.04	40.32%
8438.TW	Amia Co.,Ltd	2.82%	$1.30	78.73%
9304.T	The Shibusawa Warehouse Co., Ltd.	2.82%	$35.90	36.66%
SANOFI.BO	Sanofi India Limited	2.82%	$117.02	81.35%
9742.T	INES Corporation	2.81%	$54.87	87.98%
CNH	CNH Industrial N.V.	2.81%	$0.26	55.11%
FLUG-B.CO	Flügger group A/S	2.81%	$8.95	46.55%
LNF.TO	Leon's Furniture Limited	2.81%	$0.79	31.40%
2071.TWO	Chen Nan Iron Wire Co.,Ltd	2.80%	$0.43	12.28%
298690.KS	Air Busan Co., Ltd.	2.80%	$49.26	10.96%
6004.SR	CATRION Catering Holding Company	2.80%	$2.29	55.90%
603105.SS	Zhejiang Sunoren Solar Technology Co.,Ltd.	2.80%	$0.26	66.36%
6953.TWO	Gudeng Equipment Co., Ltd.	2.80%	$5.99	78.26%
7752.T	Ricoh Company, Ltd.	2.80%	$38.53	35.99%
8058.T	Mitsubishi Corporation	2.80%	$100.52	49.75%
9433.T	KDDI Corporation	2.80%	$75.80	40.77%
MTEL.JK	PT Dayamitra Telekomunikasi Tbk.	2.80%	$18.45	70.48%
2027.TW	Ta Chen Stainless Pipe Co., Ltd.	2.79%	$1.00	38.56%
5032.KL	Bintulu Port Holdings Berhad	2.79%	$0.15	50.65%
600801.SS	Huaxin Cement Co., Ltd.	2.79%	$0.68	48.06%
6750.T	Elecom Co., Ltd.	2.79%	$47.98	38.00%
9607.SR	ASG Plastic Factory Co.	2.79%	$1.20	28.09%
BNII.JK	PT Bank Maybank Indonesia Tbk	2.79%	$5.86	28.55%
BTPS.JK	PT Bank BTPN Syariah Tbk	2.79%	$33.70	22.52%
GLOBAL-R.BK	Siam Global House Public Company Limited	2.79%	$0.18	46.58%
JST.DE	JOST Werke AG	2.79%	$1.50	76.92%
KMDA	Kamada Ltd.	2.79%	$0.20	56.42%
PSSA3.SA	Porto Seguro S.A.	2.79%	$1.34	27.11%
000950.KS	Chonbang Co., Ltd.	2.78%	$1,000.76	3.75%
001338.SZ	GDH Supertime Group Company Limited	2.78%	$0.34	50.86%
082920.KQ	VITZROCELL Co.,Ltd.	2.78%	$459.92	17.96%
600469.SS	Aeolus Tyre Co., Ltd.	2.78%	$0.19	61.56%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

KeyCorp (KEY)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener