Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

PPL Corporation (PPL)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$13.80 - $21.34$17.30
Multi-Stage$27.06 - $29.70$28.35
Blended Fair Value$22.82
Current Price$33.89
Upside-32.65%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-8.92%-2.55%1.010.951.061.721.721.611.531.441.391.35
YoY Growth--6.11%-10.55%-38.47%0.31%6.96%5.21%5.69%4.08%2.59%3.83%
Dividend Yield--2.79%3.45%3.81%6.03%5.96%6.51%4.82%5.10%3.71%3.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,092.00
(-) Cash Dividends Paid (M)783.00
(=) Cash Retained (M)309.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)218.40136.5081.90
Cash Retained (M)309.00309.00309.00
(-) Cash Required (M)-218.40-136.50-81.90
(=) Excess Retained (M)90.60172.50227.10
(/) Shares Outstanding (M)742.32742.32742.32
(=) Excess Retained per Share0.120.230.31
LTM Dividend per Share1.051.051.05
(+) Excess Retained per Share0.120.230.31
(=) Adjusted Dividend1.181.291.36
WACC / Discount Rate7.17%7.17%7.17%
Growth Rate-1.25%-0.25%0.75%
Fair Value$13.80$17.30$21.34
Upside / Downside-59.29%-48.96%-37.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,092.001,089.281,086.571,083.861,081.161,078.471,110.83
Payout Ratio71.70%75.36%79.02%82.68%86.34%90.00%92.50%
Projected Dividends (M)783.00820.91858.63896.15933.48970.621,027.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.17%7.17%7.17%
Growth Rate-1.25%-0.25%0.75%
Year 1 PV (M)758.28765.96773.64
Year 2 PV (M)732.62747.53762.59
Year 3 PV (M)706.30727.97750.09
Year 4 PV (M)679.59707.54736.34
Year 5 PV (M)652.72686.45721.55
PV of Terminal Value (M)16,555.2317,410.6118,300.98
Equity Value (M)20,084.7421,046.0622,045.20
Shares Outstanding (M)742.32742.32742.32
Fair Value$27.06$28.35$29.70
Upside / Downside-20.16%-16.34%-12.37%

High-Yield Dividend Screener

« Prev Page 64 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WAC.DEWacker Neuson SE2.39%$0.6066.56%
002984.SZQingdao Sentury Tire Co., Ltd.2.38%$0.5036.63%
003650.KSMichang Oil Ind .Co.,Ltd.2.38%$2,999.969.11%
008420.KSMoonbaesteel Co.,Ltd2.38%$49.9345.80%
033270.KSKorea United Pharm Inc.2.38%$452.5915.84%
2200.SRArabian Pipes Company2.38%$0.1119.59%
600916.SSChina National Gold Group Gold Jewellery Co.,Ltd.2.38%$0.1975.48%
6683.TWOKeystone Microtech Corporation2.38%$9.9865.32%
8255.TAxial Retailing Inc.2.38%$27.3926.77%
CPIN.JKPT Charoen Pokphand Indonesia Tbk2.38%$108.0046.06%
ECILC.ISEIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.2.38%$1.9955.96%
MALEE.BKMalee Group Public Company Limited2.38%$0.1027.58%
MERC4.SAMercantil Financeira S.A. - Crédito, Financiamento e Investimento2.38%$0.3033.30%
002734.SZLimin Group Co., Ltd.2.37%$0.3841.84%
0RC6.LPharma Mar, S.A.2.37%$0.7933.20%
601066.SSCSC Financial Co., Ltd.2.37%$0.6349.15%
601199.SSJiangsu Jiangnan Water Co., Ltd.2.37%$0.1330.40%
6752.TPanasonic Holdings Corporation2.37%$48.0035.05%
8732.TMoney Partners Group Co.,Ltd.2.37%$11.2256.03%
TMILL.BKT S Flour Mill Public Company Limited2.37%$0.0550.08%
000923.SZHBIS Resources Co., Ltd.2.36%$0.5062.02%
003100.KQSUN KWANG CO.,Ltd.2.36%$450.009.05%
0322.HKTingyi (Cayman Islands) Holding Corp.2.36%$0.2837.83%
092780.KSDYP Co.,Ltd2.36%$80.0413.83%
194370.KSJS Corporation2.36%$289.3014.00%
300498.SZWens Foodstuff Group Co., Ltd.2.36%$0.4033.81%
3715.TWDynamic Holding Co., Ltd.2.36%$3.0087.49%
601126.SSBeijing Sifang Automation Co.,Ltd2.36%$0.7174.03%
603167.SSBohai Ferry Group Co., Ltd.2.36%$0.2236.07%
6062.TCharm Care Corporation2.36%$29.9333.34%
6197.TSolasto Corporation2.36%$20.0442.12%
6586.TMakita Corporation2.36%$111.8037.02%
GUNA.JKGunanusa Eramandiri Tbk.2.36%$7.1827.33%
LLQ.SWLalique Group S.A.2.36%$0.8354.12%
003480.KSHanjin Heavy Industries & Construction Holdings Co., Ltd.2.35%$109.434.27%
007310.KSOtoki Corporation2.35%$9,000.8630.39%
200130.KQKolmar BNH Co., Ltd.2.35%$308.5362.12%
5263.KLSunway Construction Group Bhd2.35%$0.1363.40%
7522.TWatami Co., Ltd.2.35%$22.6923.93%
ALMOU.PAMoulinvest S.A.2.35%$0.5245.03%
AMFG.JKPT Asahimas Flat Glass Tbk2.35%$80.2525.12%
DIF.BKDigital Telecommunications Infrastructure Fund2.35%$0.2219.79%
002959.SZBear Electric Appliance Co.,Ltd.2.34%$0.9944.00%
069080.KQWebzen Inc.2.34%$303.4628.97%
2421.TWSunonwealth Electric Machine Industry Co., Ltd.2.34%$3.7151.15%
300470.SZSinoseal Holding Co., Ltd.2.34%$0.8845.78%
3031.TRACCOON HOLDINGS, Inc.2.34%$15.1438.54%
4260.SRUnited International Transportation Company2.34%$1.4533.16%
600211.SSTibet Rhodiola Pharmaceutical Holding Co.2.34%$1.0032.69%
600739.SSLiaoning Cheng Da Co., Ltd.2.34%$0.2646.23%