DDM Analysis: YUM

Valuation Snapshot

Stable Growth	$98.17 - $217.74	$141.58
Multi-Stage	$101.31 - $110.84	$105.99
Blended Fair Value	$123.79
Current Price	$152.00
Upside	-18.56%
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	8.03%	1.18%	2.66	2.40	2.30	2.09	2.00	1.81	1.63	1.47	2.63	2.58
YoY Growth	-	-	10.91%	4.47%	9.63%	4.59%	10.76%	10.61%	11.06%	-44.09%	1.92%	9.12%
Dividend Yield	-	-	1.69%	1.71%	1.74%	1.77%	1.85%	2.64%	1.62%	1.73%	4.12%	4.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,432.00
(-) Cash Dividends Paid (M)	779.00
(=) Cash Retained (M)	653.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	286.40	179.00	107.40
Cash Retained (M)	653.00	653.00	653.00
(-) Cash Required (M)	-286.40	-179.00	-107.40
(=) Excess Retained (M)	366.60	474.00	545.60
(/) Shares Outstanding (M)	282.75	282.75	282.75
(=) Excess Retained per Share	1.30	1.68	1.93
LTM Dividend per Share	2.76	2.76	2.76
(+) Excess Retained per Share	1.30	1.68	1.93
(=) Adjusted Dividend	4.05	4.43	4.68
WACC / Discount Rate	7.67%	7.67%	7.67%
Growth Rate	3.40%	4.40%	5.40%
Fair Value	$98.17	$141.58	$217.74
Upside / Downside	-35.42%	-6.85%	43.25%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,432.00	1,495.03	1,560.83	1,629.53	1,701.25	1,776.13	1,829.41
Payout Ratio	54.40%	61.52%	68.64%	75.76%	82.88%	90.00%	92.50%
Projected Dividends (M)	779.00	919.73	1,071.35	1,234.53	1,409.99	1,598.51	1,692.21

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.67%	7.67%	7.67%
Growth Rate	3.40%	4.40%	5.40%
Year 1 PV (M)	846.04	854.22	862.41
Year 2 PV (M)	906.54	924.16	941.95
Year 3 PV (M)	960.92	989.07	1,017.76
Year 4 PV (M)	1,009.56	1,049.19	1,089.97
Year 5 PV (M)	1,052.84	1,104.74	1,158.67
PV of Terminal Value (M)	23,870.59	25,047.40	26,270.17
Equity Value (M)	28,646.49	29,968.78	31,340.93
Shares Outstanding (M)	282.75	282.75	282.75
Fair Value	$101.31	$105.99	$110.84
Upside / Downside	-33.35%	-30.27%	-27.08%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 63 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
112610.KS	CS Wind Corporation	2.43%	$982.89	21.73%
300452.SZ	Anhui Sunhere Pharmaceutical Excipients Co.,Ltd.	2.43%	$0.33	58.46%
603599.SS	Anhui Guangxin Agrochemical Co., Ltd.	2.43%	$0.28	35.02%
605286.SS	Jiangsu Tongli Risheng Machinery Co., Ltd.	2.43%	$0.99	75.51%
9569.SR	Almuneef Company for Trade, Industry, Agriculture and Contracting	2.43%	$0.20	19.26%
ALV	Autoliv, Inc.	2.43%	$2.97	30.32%
KEPEN.AT	Flour Mills Kepenos S.A.	2.43%	$0.05	39.82%
MSAB-B.ST	Micro Systemation AB (publ)	2.43%	$1.50	65.33%
NEOE3.SA	Neoenergia S.A.	2.43%	$0.77	21.26%
OV8.SI	Sheng Siong Group Ltd	2.43%	$0.06	66.54%
VIL.PA	VIEL & Cie, S.A.	2.43%	$0.40	12.44%
002236.SZ	Zhejiang Dahua Technology Co., Ltd.	2.42%	$0.46	38.43%
006730.KQ	Seobu T&D Co., Ltd.	2.42%	$309.73	27.66%
071050.KS	Korea Investment Holdings Co., Ltd.	2.42%	$3,984.93	13.09%
0DQK.L	Beter Bed Holding N.V.	2.42%	$0.15	53.98%
2409.TW	AUO Corporation	2.42%	$0.31	41.22%
300453.SZ	Jiangxi Sanxin Medtec Co.,Ltd.	2.42%	$0.21	45.08%
600064.SS	Nanjing Gaoke Company Limited	2.42%	$0.21	15.60%
601236.SS	Hongta Securities Co., Ltd.	2.42%	$0.20	95.69%
9550.SR	Sure Global Tech Company	2.42%	$1.52	28.67%
9562.SR	Foods Gate Trading Co.	2.42%	$0.67	13.40%
AEONTS-R.BK	AEON Thana Sinsap (Thailand) Public Company Limited	2.42%	$2.60	21.04%
NMAN.ST	Nederman Holding AB (publ)	2.42%	$4.00	47.45%
SALIK.AE	Salik Company P.J.S.C.	2.42%	$0.16	83.74%
SKMO.ST	Skåne-möllan AB (publ)	2.42%	$1.40	96.86%
001130.KS	Daehan Flour Mills Co.,Ltd	2.41%	$3,470.92	10.83%
080160.KQ	Modetour Network Inc.	2.41%	$249.37	24.80%
0U96.L	Everest Re Group, Ltd.	2.41%	$8.07	61.23%
3591.T	Wacoal Holdings Corp.	2.41%	$106.27	49.77%
601966.SS	Shandong Linglong Tyre Co.,Ltd.	2.41%	$0.35	42.43%
7951.T	Yamaha Corporation	2.41%	$26.35	66.95%
BORG.ST	Björn Borg AB (publ)	2.41%	$1.50	43.49%
EIOF.OL	Eidesvik Offshore ASA	2.41%	$0.30	28.32%
ETTE.HE	Etteplan Oyj	2.41%	$0.23	71.21%
ZZ-B.ST	Zinzino AB (publ)	2.41%	$3.76	58.64%
002968.SZ	New Dazheng Property Group Co., Ltd.	2.40%	$0.29	59.28%
0NZN.L	Robertet S.A.	2.40%	$21.10	23.60%
4015.SR	Jamjoom Pharmaceuticals Factory Company	2.40%	$3.46	54.14%
7703.TWO	Rayzher	2.40%	$5.49	59.71%
BBL.AX	Brisbane Broncos Limited	2.40%	$0.04	25.15%
002158.SZ	Shanghai Hanbell Precise Machinery Co., Ltd.	2.39%	$0.60	60.14%
004690.KS	Samchully Co.,Ltd	2.39%	$3,000.02	10.30%
0GVS.L	Catena AB (publ)	2.39%	$8.76	32.84%
300577.SZ	Anhui Korrun Co., Ltd.	2.39%	$0.51	36.22%
3044.TW	Tripod Technology Corporation	2.39%	$7.48	42.14%
603080.SS	Xinjiang Torch Gas Co., Ltd	2.39%	$0.57	43.55%
6780.TWO	Study King Co., Ltd.	2.39%	$0.80	89.60%
6804.T	Hosiden Corporation	2.39%	$59.44	25.81%
KBLM.JK	PT Kabelindo Murni Tbk	2.39%	$8.08	12.05%
SCANFL.HE	Scanfil Oyj	2.39%	$0.24	42.33%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Yum! Brands, Inc. (YUM)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener