Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Rayonier Inc. (RYN)

Company Dividend Discount ModelIndustry: REIT - SpecialtySector: Real Estate

Valuation Snapshot

Stable Growth$151.06 - $630.93$260.19
Multi-Stage$94.04 - $102.78$98.33
Blended Fair Value$179.26
Current Price$22.18
Upside708.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.29%-2.47%1.291.091.070.990.940.910.880.820.790.80
YoY Growth--18.01%2.58%7.94%4.90%3.74%3.14%7.64%3.44%-1.67%-51.48%
Dividend Yield--4.63%3.37%3.20%2.40%2.92%3.85%2.77%2.32%2.79%3.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)775.61
(-) Cash Dividends Paid (M)237.85
(=) Cash Retained (M)537.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)155.1296.9558.17
Cash Retained (M)537.76537.76537.76
(-) Cash Required (M)-155.12-96.95-58.17
(=) Excess Retained (M)382.64440.81479.59
(/) Shares Outstanding (M)155.55155.55155.55
(=) Excess Retained per Share2.462.833.08
LTM Dividend per Share1.531.531.53
(+) Excess Retained per Share2.462.833.08
(=) Adjusted Dividend3.994.364.61
WACC / Discount Rate8.29%8.29%8.29%
Growth Rate5.50%6.50%7.50%
Fair Value$151.06$260.19$630.93
Upside / Downside581.08%1,073.08%2,744.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)775.61826.03879.72936.90997.801,062.661,094.54
Payout Ratio30.67%42.53%54.40%66.27%78.13%90.00%92.50%
Projected Dividends (M)237.85351.33478.56620.85779.61956.391,012.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.29%8.29%8.29%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)321.40324.45327.50
Year 2 PV (M)400.50408.13415.83
Year 3 PV (M)475.31488.96502.86
Year 4 PV (M)546.01567.01588.61
Year 5 PV (M)612.76642.36673.09
PV of Terminal Value (M)12,271.9112,864.6513,480.07
Equity Value (M)14,627.9015,295.5615,987.96
Shares Outstanding (M)155.55155.55155.55
Fair Value$94.04$98.33$102.78
Upside / Downside323.99%343.34%363.41%

High-Yield Dividend Screener

« Prev Page 78 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688625.SSGCH Technology Co., Ltd.1.73%$0.7135.67%
ATCO-A.STAtlas Copco AB1.73%$2.9051.19%
KAZT.MEPJSC KuibyshevAzot1.73%$7.209.57%
PROT.OLProtector Forsikring ASA1.73%$9.0232.47%
018260.KSSamsung SDS Co.,Ltd.1.72%$3,013.9430.15%
029460.KSKC Co., Ltd.1.72%$456.826.78%
3308.HKGolden Eagle Retail Group Limited1.72%$0.129.52%
403870.KQHPSP Co., Ltd.1.72%$593.5058.19%
688128.SSChina National Electric Apparatus Research Institute Co., Ltd.1.72%$0.5038.48%
9516.SRNatural Gas Distribution Company1.72%$0.5031.24%
AMRT.JKPT Sumber Alfaria Trijaya Tbk1.72%$34.1146.22%
CENTEL-R.BKCentral Plaza Hotel Public Company Limited1.72%$0.5947.25%
EMP-A.TOEmpire Company Limited1.72%$0.8327.46%
LSNG.MEPublic Joint stock company Rosseti Lenenergo1.72%$0.267.85%
MAD.AXMader Group Limited1.72%$0.1328.01%
RUSTA.STRusta AB (publ)1.72%$1.4547.44%
000655.SZShandong Jinling Mining Co., Ltd.1.71%$0.1635.18%
002166.SZGuilin Layn Natural Ingredients Corp.1.71%$0.1479.28%
009140.KSKyungin Electronics Co., Ltd1.71%$350.0224.51%
009290.KSKwang Dong Pharmaceutical Co., Ltd.1.71%$100.1413.46%
300196.SZJiangsu Changhai Composite Materials Co., Ltd1.71%$0.2530.44%
300973.SZLigao Foods Co.Ltd1.71%$0.7340.03%
4144.SRRaoom Trading Co.1.71%$1.1283.18%
601801.SSAnhui Xinhua Media Co., Ltd.1.71%$0.1125.98%
688358.SSChison Medical Technologies Co., Ltd.1.71%$0.5142.24%
CAMBI.OLCambi ASA1.71%$0.3030.04%
ICOS.MIIntercos S.p.A.1.71%$0.1937.87%
MZX.DEMasterflex SE1.71%$0.2428.96%
SKIS-B.STSkiStar AB (publ)1.71%$2.8039.71%
000990.KSDB HiTek Co. Ltd.1.70%$1,253.0620.53%
001207.SZShandong Link Science and Technology Co.,Ltd.1.70%$0.4327.93%
002593.SZXiamen Sunrise Group Co., Ltd.1.70%$0.1081.27%
300218.SZAnhui Anli Material Technology Co., Ltd.1.70%$0.2835.78%
300509.SZJiangsu Newamstar Packaging Machinery Co.,Ltd1.70%$0.2266.41%
300999.SZYihai Kerry Arawana Holdings Co., Ltd1.70%$0.4969.28%
301665.SZCAC Nantong Chemical Co Ltd1.70%$0.4846.18%
600004.SSGuangzhou Baiyun International Airport Co., Ltd.1.70%$0.1628.12%
600279.SSChongqing Port Co.,Ltd.1.70%$0.0921.95%
601512.SSChina-Singapore Suzhou Industrial Park Development Group Co., Ltd.1.70%$0.1528.77%
603612.SSSunstone Development Co., Ltd.1.70%$0.4027.82%
000905.SZXiamen Port Development Co., Ltd.1.69%$0.2279.86%
000949.SZXinxiang Chemical Fiber Co., Ltd.1.69%$0.0986.02%
600814.SSHangzhou Jiebai Group Co., Limited1.69%$0.1451.31%
688772.SSZhuhai CosMX Battery Co., Ltd.1.69%$0.3674.20%
7631.TWOGenii Ideas Co., Ltd.1.69%$2.1647.81%
BFT.WABenefit Systems S.A.1.69%$60.5337.69%
CJT.TOCargojet Inc.1.69%$1.4517.55%
002243.SZShenzhen Leaguer Co., Ltd.1.68%$0.1788.79%
161890.KSKolmar Korea Co., Ltd.1.68%$1,095.5022.79%
300041.SZHubei Huitian New Materials Co., Ltd.1.68%$0.1968.24%