DDM Analysis: IFAFX

Valuation Snapshot

Stable Growth	$82.74 - $136.11	$106.47
Multi-Stage	$131.84 - $144.77	$138.18
Blended Fair Value	$122.32
Current Price	$26.54
Upside	360.91%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	9.88%	15.21%	2.46	2.36	2.22	2.09	2.00	1.54	1.79	1.48	1.09	0.93
YoY Growth	-	-	4.58%	5.96%	6.47%	4.24%	30.22%	-13.94%	20.96%	35.91%	17.35%	54.99%
Dividend Yield	-	-	9.74%	9.78%	9.86%	8.27%	8.10%	8.00%	8.07%	6.59%	4.89%	4.49%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	28,073.00
(-) Cash Dividends Paid (M)	9,520.00
(=) Cash Retained (M)	18,553.00

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	5,614.60	3,509.13	2,105.48
Cash Retained (M)	18,553.00	18,553.00	18,553.00
(-) Cash Required (M)	-5,614.60	-3,509.13	-2,105.48
(=) Excess Retained (M)	12,938.40	15,043.88	16,447.53
(/) Shares Outstanding (M)	3,855.60	3,855.60	3,855.60
(=) Excess Retained per Share	3.36	3.90	4.27
LTM Dividend per Share	2.47	2.47	2.47
(+) Excess Retained per Share	3.36	3.90	4.27
(=) Adjusted Dividend	5.82	6.37	6.74
WACC / Discount Rate	7.40%	7.40%	7.40%
Growth Rate	0.34%	1.34%	2.34%
Fair Value	$82.74	$106.47	$136.11
Upside / Downside	211.75%	301.17%	412.85%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	28,073.00	28,448.65	28,829.33	29,215.10	29,606.04	30,002.20	30,902.27
Payout Ratio	33.91%	45.13%	56.35%	67.56%	78.78%	90.00%	92.50%
Projected Dividends (M)	9,520.00	12,838.67	16,244.45	19,739.08	23,324.32	27,001.98	28,584.60

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.40%	7.40%	7.40%
Growth Rate	0.34%	1.34%	2.34%
Year 1 PV (M)	11,835.88	11,953.84	12,071.80
Year 2 PV (M)	13,805.94	14,082.50	14,361.81
Year 3 PV (M)	15,465.66	15,932.69	16,409.03
Year 4 PV (M)	16,847.34	17,529.07	18,231.28
Year 5 PV (M)	17,980.37	18,894.39	19,845.22
PV of Terminal Value (M)	432,395.02	454,375.71	477,241.34
Equity Value (M)	508,330.22	532,768.21	558,160.49
Shares Outstanding (M)	3,855.60	3,855.60	3,855.60
Fair Value	$131.84	$138.18	$144.77
Upside / Downside	396.77%	420.65%	445.46%

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

The Income Fund of America, Class F-1 Shares (IFAFX)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener