DDM Analysis: FBFWX

Valuation Snapshot

Stable Growth	$22.01 - $39.76	$29.42
Multi-Stage	$40.26 - $44.18	$42.18
Blended Fair Value	$35.80
Current Price	$13.38
Upside	167.59%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.08%	2.08%	1.20	1.20	1.01	0.20	0.30	1.20	1.35	1.19	1.19	1.19
YoY Growth	-	-	0.04%	19.34%	398.51%	-32.38%	-75.05%	-11.68%	13.46%	0.02%	0.15%	21.93%
Dividend Yield	-	-	9.42%	9.92%	8.83%	1.60%	2.41%	11.43%	12.08%	10.84%	11.05%	11.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,151.00
(-) Cash Dividends Paid (M)	2,513.54
(=) Cash Retained (M)	637.46

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	630.20	393.88	236.33
Cash Retained (M)	637.46	637.46	637.46
(-) Cash Required (M)	-630.20	-393.88	-236.33
(=) Excess Retained (M)	7.26	243.59	401.14
(/) Shares Outstanding (M)	1,997.75	1,997.75	1,997.75
(=) Excess Retained per Share	0.00	0.12	0.20
LTM Dividend per Share	1.26	1.26	1.26
(+) Excess Retained per Share	0.00	0.12	0.20
(=) Adjusted Dividend	1.26	1.38	1.46
WACC / Discount Rate	6.29%	6.29%	6.29%
Growth Rate	0.53%	1.53%	2.53%
Fair Value	$22.01	$29.42	$39.76
Upside / Downside	64.53%	119.90%	197.15%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,151.00	3,199.25	3,248.23	3,297.97	3,348.46	3,399.73	3,501.73
Payout Ratio	79.77%	81.82%	83.86%	85.91%	87.95%	90.00%	92.50%
Projected Dividends (M)	2,513.54	2,617.48	2,724.02	2,833.21	2,945.10	3,059.76	3,239.10

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.29%	6.29%	6.29%
Growth Rate	0.53%	1.53%	2.53%
Year 1 PV (M)	2,438.25	2,462.50	2,486.76
Year 2 PV (M)	2,363.74	2,411.00	2,458.72
Year 3 PV (M)	2,290.14	2,359.16	2,429.56
Year 4 PV (M)	2,217.57	2,307.13	2,399.38
Year 5 PV (M)	2,146.14	2,255.03	2,368.29
PV of Terminal Value (M)	68,980.33	72,480.06	76,120.42
Equity Value (M)	80,436.17	84,274.88	88,263.12
Shares Outstanding (M)	1,997.75	1,997.75	1,997.75
Fair Value	$40.26	$42.18	$44.18
Upside / Downside	200.92%	215.28%	230.20%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 80 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
301151.SZ	Shanghai Karon Eco-Valve Manufacturing Co., Ltd.	1.64%	$0.31	64.22%
4912.T	Lion Corporation	1.64%	$27.13	35.97%
5328.TWO	Hua Jung Components Co.,Ltd.	1.64%	$0.35	73.35%
600256.SS	Guanghui Energy Co., Ltd.	1.64%	$0.08	26.14%
605365.SS	Leedarson IoT Technology Inc.	1.64%	$0.44	81.91%
6244.TWO	Motech Industries Inc.	1.64%	$0.34	98.50%
6367.T	Daikin Industries,Ltd.	1.64%	$330.12	35.31%
6383.T	Daifuku Co., Ltd.	1.64%	$80.66	36.37%
6454.T	Max Co., Ltd.	1.64%	$113.15	45.27%
LSS.PA	Lectra S.A.	1.64%	$0.41	50.95%
MEVA.AT	Mevaco S.A.	1.64%	$0.15	13.50%
MOVI3.SA	Movida Participações S.A.	1.64%	$0.16	19.79%
SRSOLTD.BO	Silicon Rental Solutions Ltd.	1.64%	$1.90	9.23%
002266.SZ	Zhefu Holding Group Co., Ltd.	1.63%	$0.07	37.41%
0GDU.L	Paradox Interactive AB (publ)	1.63%	$5.00	82.82%
300121.SZ	Shandong Yanggu Huatai Chemical Co., Ltd.	1.63%	$0.21	53.84%
603013.SS	YAPP Automotive Systems Co., Ltd.	1.63%	$0.40	37.85%
603081.SS	Zhejiang Dafeng Industry Co., Ltd	1.63%	$0.23	92.61%
603194.SS	Zhejiang E-P Equipment Co Ltd	1.63%	$0.64	29.27%
603221.SS	Elegant Home-Tech Co., Ltd.	1.63%	$0.21	78.59%
BEI.DE	Beiersdorf AG	1.63%	$1.52	25.19%
CLD.WA	Cloud Technologies S.A.	1.63%	$1.14	92.28%
IVS.MI	IVS Group S.A.	1.63%	$0.12	62.72%
LDO.MI	Leonardo S.p.A.	1.63%	$0.84	33.82%
MEOH	Methanex Corporation	1.63%	$0.67	24.08%
PARKIN.AE	Parkin Company PJSC	1.63%	$0.09	49.98%
051900.KS	LG H&H Co., Ltd.	1.62%	$4,377.83	70.74%
0F4O.L	Lotus Bakeries N.V.	1.62%	$133.75	36.00%
300206.SZ	Edan Instruments, Inc.	1.62%	$0.21	48.61%
5393.T	Nichias Corporation	1.62%	$110.01	23.11%
603385.SS	Huida Sanitary Ware Co., Ltd.	1.62%	$0.11	69.37%
605050.SS	Friend Co.,Ltd.	1.62%	$0.22	30.01%
7378.T	ASIRO Inc.	1.62%	$23.93	20.21%
BPAC11.SA	Banco BTG Pactual S.A.	1.62%	$0.84	27.38%
GRMN	Garmin Ltd.	1.62%	$3.28	40.42%
RUBFILA.BO	Rubfila International Limited	1.62%	$1.20	22.45%
VALO.BA	Banco de Valores S.A.	1.62%	$8.91	22.52%
WAS.WA	Wasko S.A.	1.62%	$0.03	19.20%
002152.SZ	GRG Banking Equipment Co., Ltd.	1.61%	$0.22	65.18%
002457.SZ	Ningxia Qinglong Pipes Industry Group Co., Ltd.	1.61%	$0.18	28.21%
002913.SZ	Aoshikang Technology Co., Ltd.	1.61%	$0.69	60.58%
007570.KS	Ilyang Pharmaceutical Co.,Ltd	1.61%	$210.74	33.61%
066570.KS	LG Electronics Inc.	1.61%	$1,472.83	36.12%
603181.SS	Zhejiang Huangma Technology Co.,Ltd	1.61%	$0.23	29.53%
603416.SS	WuXi Xinje Electric Co.,Ltd.	1.61%	$0.89	59.24%
ABB.AX	Aussie Broadband Limited	1.61%	$0.08	39.83%
H22.SI	Hong Leong Asia Ltd.	1.61%	$0.04	31.75%
MATAS.CO	Matas A/S	1.61%	$2.00	26.57%
SRSN.JK	PT Indo Acidatama Tbk	1.61%	$1.00	12.49%
000050.KS	Kyungbangco.Ltd	1.60%	$149.61	11.55%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener