Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

First Trust Energy Income and Growth Fund (FEN)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$34.58 - $50.09$42.12
Multi-Stage$70.66 - $77.70$74.11
Blended Fair Value$58.11
Current Price$14.73
Upside294.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%-4.54%1.201.201.201.812.380.002.332.312.252.14
YoY Growth--0.04%-0.02%-33.68%-24.09%0.00%-100.00%0.90%2.69%5.12%11.96%
Dividend Yield--8.15%8.14%8.79%16.86%11.64%0.00%10.47%8.78%9.72%6.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)93.79
(-) Cash Dividends Paid (M)46.70
(=) Cash Retained (M)47.09
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18.7611.727.03
Cash Retained (M)47.0947.0947.09
(-) Cash Required (M)-18.76-11.72-7.03
(=) Excess Retained (M)28.3335.3740.06
(/) Shares Outstanding (M)19.4619.4619.46
(=) Excess Retained per Share1.461.822.06
LTM Dividend per Share2.402.402.40
(+) Excess Retained per Share1.461.822.06
(=) Adjusted Dividend3.864.224.46
WACC / Discount Rate7.68%7.68%7.68%
Growth Rate-3.12%-2.12%-1.12%
Fair Value$34.58$42.12$50.09
Upside / Downside134.78%185.91%240.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)93.7991.8089.8687.9586.0984.2686.79
Payout Ratio49.79%57.83%65.88%73.92%81.96%90.00%92.50%
Projected Dividends (M)46.7053.0959.1965.0170.5575.8380.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.68%7.68%7.68%
Growth Rate-3.12%-2.12%-1.12%
Year 1 PV (M)48.8049.3149.81
Year 2 PV (M)50.0151.0552.10
Year 3 PV (M)50.4952.0753.68
Year 4 PV (M)50.3752.4854.66
Year 5 PV (M)49.7652.3855.12
PV of Terminal Value (M)1,125.741,185.051,246.83
Equity Value (M)1,375.181,442.341,512.20
Shares Outstanding (M)19.4619.4619.46
Fair Value$70.66$74.11$77.70
Upside / Downside379.70%403.13%427.50%

High-Yield Dividend Screener

« Prev Page 65 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603060.SSChina Testing & Certification International Group Co.,Ltd.2.34%$0.1465.87%
603527.SSAnhui Zhongyuan New Materials Co., Ltd.2.34%$0.2660.72%
6239.TNagaoka International Corporation2.34%$33.9030.69%
7277.KLDialog Group Berhad2.34%$0.0478.99%
7708.TWOFamily International Gourmet Co. Ltd.2.34%$2.2440.19%
7947.TFP Corporation2.34%$61.4735.92%
7966.TLINTEC Corporation2.34%$103.3453.86%
ENGI11.SAEnergisa S.A.2.34%$1.1076.21%
IHG.LInterContinental Hotels Group PLC2.34%$3.2837.32%
JR.BKJ.R.W. Utility Public Company Limited2.34%$0.0436.34%
SMRA.JKPT Summarecon Agung Tbk2.34%$8.9915.00%
002056.SZHengdian Group DMEGC Magnetics Co. ,Ltd2.33%$0.4530.92%
002538.SZAnhui Sierte Fertilizer industry Ltd. ,company2.33%$0.1557.55%
0QMR.LBELIMO Holding AG2.33%$17.9969.21%
1322.SRAl Masane Al Kobra Mining Company2.33%$2.0873.41%
300743.SZHangzhou Todaytec Digital Co., Ltd2.33%$0.5271.84%
601566.SSJoeone Co., Ltd.2.33%$0.3150.03%
605319.SSWuxi Zhenhua Auto Parts Co., Ltd.2.33%$0.4937.82%
GIMB.BRGimv N.V.2.33%$1.029.10%
MOSHI.BKMoshi Moshi Retail Corporation Public Company Limited2.33%$0.8143.67%
002939.SZChina Great Wall Securities Co.,Ltd.2.32%$0.2439.54%
004360.KSSebang Co., Ltd2.32%$325.9511.33%
1283.HKAccel Group Holdings Limited2.32%$0.0437.03%
2301.TGakujo Co., Ltd.2.32%$40.6128.97%
4887.TSawai Group Holdings Co., Ltd.2.32%$54.7464.15%
600079.SSHumanwell Healthcare (Group) Co.,Ltd.2.32%$0.4248.02%
600299.SSBluestar Adisseo Company2.32%$0.2146.81%
605158.SSZhejiang Huada New Materials Co., Ltd.2.32%$0.1957.15%
7287.TNippon Seiki Co., Ltd.2.32%$50.6031.92%
7914.TKyodo Printing Co., Ltd.2.32%$36.6727.27%
AZZA3.SAAzzas 2154 S.A.2.32%$0.5915.77%
HUFV-A.STHufvudstaden AB (publ)2.32%$2.8251.40%
002043.SZDeHua TB New Decoration Material Co.,Ltd2.31%$0.3337.20%
1214.SRAl Hassan Ghazi Ibrahim Shaker Company2.31%$0.5034.65%
300832.SZShenzhen New Industries Biomedical Engineering Co., Ltd.2.31%$1.3061.96%
600233.SSYTO Express Group Co.,Ltd.2.31%$0.3832.72%
6277.THosokawa Micron Corporation2.31%$130.2442.63%
6728.TULVAC, Inc.2.31%$163.6955.14%
9251.TAB&Company Co.,Ltd.2.31%$27.8639.35%
9783.TBenesse Holdings, Inc.2.31%$59.9889.83%
ALLEC.PACogelec S.A.2.31%$0.6746.99%
ELIT.JKPT Data Sinergitama Jaya Tbk2.31%$5.0034.02%
LUXF.BKLuxury Real Estate Investment Fund2.31%$0.2114.86%
STEC-R.BKSino-Thai Engineering and Construction Public Company Limited2.31%$0.1595.24%
000513.SZLivzon Pharmaceutical Group Inc.2.30%$0.7932.65%
000959.SZBeijing Shougang Co., Ltd.2.30%$0.1171.65%
002941.SZXinjiang Communications Construction Group Co., Ltd.2.30%$0.3643.85%
2838.TWUnion Bank of Taiwan2.30%$0.4536.18%
2947.TWOZhen Yu Hardware Co., Ltd.2.30%$1.9056.70%
2HRA.DEH&R GmbH & Co. KGaA2.30%$0.1045.84%