Definitive Analysis
Definitive Analysis
Financial Statements
Periods / Units
Fundamentals
Valuations
Miscellaneous
Analysis Mode
Full Access
See Pricing Start Trial

DTF Tax-Free Income 2028 Term Fund Inc. (DTF)

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

Valuation Snapshot

Stable Growth$1.71 - $2.47$2.08
Multi-Stage$2.98 - $3.26$3.12
Blended Fair Value$2.60
Current Price$11.19
Upside-76.78%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.390.550.490.580.670.750.911.021.02
YoY Growth---100.00%-29.67%13.25%-15.84%-12.51%-11.74%-17.26%-10.55%0.00%-1.21%
Dividend Yield--0.00%3.71%5.14%3.42%4.09%4.69%6.11%6.43%6.75%6.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1.70
(-) Cash Dividends Paid (M)1.37
(=) Cash Retained (M)0.33
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.340.210.13
Cash Retained (M)0.330.330.33
(-) Cash Required (M)-0.34-0.21-0.13
(=) Excess Retained (M)-0.010.120.21
(/) Shares Outstanding (M)7.037.037.03
(=) Excess Retained per Share0.000.020.03
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.000.020.03
(=) Adjusted Dividend0.190.210.22
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1.71$2.08$2.47
Upside / Downside-84.69%-81.41%-77.97%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1.701.691.671.651.641.621.67
Payout Ratio80.42%82.33%84.25%86.17%88.08%90.00%92.50%
Projected Dividends (M)1.371.391.411.431.441.461.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)1.261.271.29
Year 2 PV (M)1.161.181.21
Year 3 PV (M)1.061.101.13
Year 4 PV (M)0.981.021.06
Year 5 PV (M)0.900.940.99
PV of Terminal Value (M)15.5816.3917.23
Equity Value (M)20.9421.9022.91
Shares Outstanding (M)7.037.037.03
Fair Value$2.98$3.12$3.26
Upside / Downside-73.39%-72.16%-70.88%

High-Yield Dividend Screener

« Prev Page 9 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0293.HKCathay Pacific Airways Limited9.31%$1.1841.45%
ROMI3.SARomi S.A.9.31%$0.7473.26%
SKUE.OLSkue Sparebank9.31%$32.5919.52%
4589.TWOMotion Technology Electric & Machinery Co., Ltd.9.30%$3.2567.47%
SSTRT.BKSub Sri Thai Real Estate Investment Trust9.30%$0.4078.24%
CLPI.JKPT Colorpak Indonesia Tbk9.29%$139.3665.00%
GXH.NZGreen Cross Health Limited9.27%$0.1047.49%
MOL.BDMOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság9.27%$272.6077.71%
ORG.AXOrigin Energy Limited9.27%$1.0562.89%
0259.HKYeebo (International Holdings) Limited9.26%$0.3611.31%
WEHB.BRWereldhave Belgium9.26%$4.9846.05%
0KD1.LTubacex, S.A.9.24%$0.3299.60%
ACL.AXAustralian Clinical Labs Limited9.21%$0.2579.65%
BMRI.JKPT Bank Mandiri (Persero) Tbk9.19%$466.1884.49%
0116.HKChow Sang Sang Holdings International Limited9.18%$1.1239.62%
2284.SRModern Mills for Food Products Co.9.18%$2.6499.54%
CGRA3.SAGrazziotin S.A.9.18%$2.5751.61%
0OPJ.LABC arbitrage S.A.9.17%$0.5056.87%
000543.SZAn Hui Wenergy Company Limited9.16%$0.7369.19%
PANR.JKPT Panorama Sentrawisata Tbk9.16%$60.0023.97%
CQR.AXCharter Hall Retail REIT9.15%$0.3794.16%
ILINK.BKInterlink Communication Public Company Limited9.14%$0.4360.06%
ELD.AXElders Limited9.10%$0.6284.73%
GOP.WAGames Operators S.A.9.09%$1.0094.94%
000544.SZZhongyuan Environmental Protection Co., Ltd.9.08%$0.7669.45%
DIRR3.SADirecional Engenharia S.A.9.08%$1.2485.08%
BMKS3.SABicicletas Monark S.A.9.07%$33.5819.86%
WHA.ASWereldhave N.V.9.07%$1.7542.00%
ARBS.MIArterra Bioscience9.06%$0.2856.80%
WMI.AXWAM Microcap Limited9.06%$0.1552.69%
2386.HKSINOPEC Engineering (Group) Co., Ltd.9.05%$0.6961.95%
FGX.AXFuture Generation Australia Limited9.05%$0.1256.23%
0011.HKHang Seng Bank Limited9.04%$13.9281.46%
0552.HKChina Communications Services Corporation Limited9.04%$0.4239.96%
3092.SRRiyadh Cement Company9.03%$2.1653.08%
3320.HKChina Resources Pharmaceutical Group Limited9.01%$0.4135.95%
DF.TODividend 15 Split Corp. II9.01%$0.6814.59%
SIGN.SWSIG Group AG9.01%$1.0282.02%
ODPV3.SAOdontoprev S.A.9.00%$1.0195.59%
CDO.AXCadence Opportunities Fund Limited8.99%$0.1771.14%
MDARA.RGAS MADARA Cosmetics8.97%$0.9355.30%
SRIPANWA.BKSri panwa Hospitality Real Estate Investment Trust8.97%$0.4552.90%
ASK.AXAbacus Storage King8.96%$0.1441.63%
BBAJIOO.MXBanco del Bajío, S.A., Institución de Banca Múltiple8.95%$4.1050.16%
COFA.PACoface S.A.8.95%$1.4091.04%
0002.HKCLP Holdings Limited8.94%$6.2582.57%
2636.TWT3EX Global Holdings Corp.8.94%$6.0073.34%
IFSIntercorp Financial Services Inc.8.94%$3.7721.42%
BIZ.BKBusiness Alignment Public Company Limited8.93%$0.3664.25%
6963.HKSunshine Insurance Group Company Limited8.92%$0.3541.98%