Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Corebridge Financial, Inc. (CRBG)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$11.72 - $16.61$14.13
Multi-Stage$18.48 - $20.24$19.34
Blended Fair Value$16.74
Current Price$32.05
Upside-47.78%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018
DPS-19.65%0.00%0.983.101.582.840.852.934.790.000.000.00
YoY Growth---68.41%96.58%-44.45%234.11%-70.94%-38.88%0.00%0.00%0.00%0.00%
Dividend Yield--3.10%10.96%9.85%13.71%4.10%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)991.00
(-) Cash Dividends Paid (M)521.00
(=) Cash Retained (M)470.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)198.20123.8874.33
Cash Retained (M)470.00470.00470.00
(-) Cash Required (M)-198.20-123.88-74.33
(=) Excess Retained (M)271.80346.13395.68
(/) Shares Outstanding (M)554.98554.98554.98
(=) Excess Retained per Share0.490.620.71
LTM Dividend per Share0.940.940.94
(+) Excess Retained per Share0.490.620.71
(=) Adjusted Dividend1.431.561.65
WACC / Discount Rate9.95%9.95%9.95%
Growth Rate-2.00%-1.00%0.00%
Fair Value$11.72$14.13$16.61
Upside / Downside-63.43%-55.91%-48.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)991.00981.09971.28961.57951.95942.43970.70
Payout Ratio52.57%60.06%67.54%75.03%82.51%90.00%92.50%
Projected Dividends (M)521.00589.23656.04721.46785.50848.19897.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.95%9.95%9.95%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)530.51535.93541.34
Year 2 PV (M)531.81542.72553.74
Year 3 PV (M)526.56542.84559.46
Year 4 PV (M)516.17537.57559.62
Year 5 PV (M)501.83527.96555.17
PV of Terminal Value (M)7,648.518,046.788,461.48
Equity Value (M)10,255.3910,733.8011,230.80
Shares Outstanding (M)554.98554.98554.98
Fair Value$18.48$19.34$20.24
Upside / Downside-42.34%-39.65%-36.86%

High-Yield Dividend Screener

« Prev Page 63 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
112610.KSCS Wind Corporation2.43%$982.8921.73%
300452.SZAnhui Sunhere Pharmaceutical Excipients Co.,Ltd.2.43%$0.3358.46%
603599.SSAnhui Guangxin Agrochemical Co., Ltd.2.43%$0.2835.02%
605286.SSJiangsu Tongli Risheng Machinery Co., Ltd.2.43%$0.9975.51%
9569.SRAlmuneef Company for Trade, Industry, Agriculture and Contracting2.43%$0.2019.26%
ALVAutoliv, Inc.2.43%$2.9730.32%
KEPEN.ATFlour Mills Kepenos S.A.2.43%$0.0539.82%
MSAB-B.STMicro Systemation AB (publ)2.43%$1.5065.33%
NEOE3.SANeoenergia S.A.2.43%$0.7721.26%
OV8.SISheng Siong Group Ltd2.43%$0.0666.54%
VIL.PAVIEL & Cie, S.A.2.43%$0.4012.44%
002236.SZZhejiang Dahua Technology Co., Ltd.2.42%$0.4638.43%
006730.KQSeobu T&D Co., Ltd.2.42%$309.7327.66%
071050.KSKorea Investment Holdings Co., Ltd.2.42%$3,984.9313.09%
0DQK.LBeter Bed Holding N.V.2.42%$0.1553.98%
2409.TWAUO Corporation2.42%$0.3141.22%
300453.SZJiangxi Sanxin Medtec Co.,Ltd.2.42%$0.2145.08%
600064.SSNanjing Gaoke Company Limited2.42%$0.2115.60%
601236.SSHongta Securities Co., Ltd.2.42%$0.2095.69%
9550.SRSure Global Tech Company2.42%$1.5228.67%
9562.SRFoods Gate Trading Co.2.42%$0.6713.40%
AEONTS-R.BKAEON Thana Sinsap (Thailand) Public Company Limited2.42%$2.6021.04%
NMAN.STNederman Holding AB (publ)2.42%$4.0047.45%
SALIK.AESalik Company P.J.S.C.2.42%$0.1683.74%
SKMO.STSkåne-möllan AB (publ)2.42%$1.4096.86%
001130.KSDaehan Flour Mills Co.,Ltd2.41%$3,470.9210.83%
080160.KQModetour Network Inc.2.41%$249.3724.80%
0U96.LEverest Re Group, Ltd.2.41%$8.0761.23%
3591.TWacoal Holdings Corp.2.41%$106.2749.77%
601966.SSShandong Linglong Tyre Co.,Ltd.2.41%$0.3542.43%
7951.TYamaha Corporation2.41%$26.3566.95%
BORG.STBjörn Borg AB (publ)2.41%$1.5043.49%
EIOF.OLEidesvik Offshore ASA2.41%$0.3028.32%
ETTE.HEEtteplan Oyj2.41%$0.2371.21%
ZZ-B.STZinzino AB (publ)2.41%$3.7658.64%
002968.SZNew Dazheng Property Group Co., Ltd.2.40%$0.2959.28%
0NZN.LRobertet S.A.2.40%$21.1023.60%
4015.SRJamjoom Pharmaceuticals Factory Company2.40%$3.4654.14%
7703.TWORayzher2.40%$5.4959.71%
BBL.AXBrisbane Broncos Limited2.40%$0.0425.15%
002158.SZShanghai Hanbell Precise Machinery Co., Ltd.2.39%$0.6060.14%
004690.KSSamchully Co.,Ltd2.39%$3,000.0210.30%
0GVS.LCatena AB (publ)2.39%$8.7632.84%
300577.SZAnhui Korrun Co., Ltd.2.39%$0.5136.22%
3044.TWTripod Technology Corporation2.39%$7.4842.14%
603080.SSXinjiang Torch Gas Co., Ltd2.39%$0.5743.55%
6780.TWOStudy King Co., Ltd.2.39%$0.8089.60%
6804.THosiden Corporation2.39%$59.4425.81%
KBLM.JKPT Kabelindo Murni Tbk2.39%$8.0812.05%
SCANFL.HEScanfil Oyj2.39%$0.2442.33%