Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Webster Financial Corporation (WBS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$129.48 - $343.47$197.99
Multi-Stage$89.14 - $97.36$93.17
Blended Fair Value$145.58
Current Price$59.44
Upside144.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.29%15.07%1.641.661.480.860.870.840.690.560.530.48
YoY Growth---1.30%12.26%71.10%-0.11%2.97%22.46%21.48%5.71%10.57%20.07%
Dividend Yield--3.18%3.35%3.75%1.54%1.57%3.67%1.30%1.02%1.07%1.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)924.75
(-) Cash Dividends Paid (M)270.15
(=) Cash Retained (M)654.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)184.95115.5969.36
Cash Retained (M)654.60654.60654.60
(-) Cash Required (M)-184.95-115.59-69.36
(=) Excess Retained (M)469.65539.00585.24
(/) Shares Outstanding (M)167.53167.53167.53
(=) Excess Retained per Share2.803.223.49
LTM Dividend per Share1.611.611.61
(+) Excess Retained per Share2.803.223.49
(=) Adjusted Dividend4.424.835.11
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$129.48$197.99$343.47
Upside / Downside117.83%233.09%477.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)924.75984.861,048.871,117.051,189.661,266.981,304.99
Payout Ratio29.21%41.37%53.53%65.69%77.84%90.00%92.50%
Projected Dividends (M)270.15407.44561.44733.74926.061,140.291,207.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)369.96373.46376.97
Year 2 PV (M)462.89471.70480.60
Year 3 PV (M)549.29565.05581.12
Year 4 PV (M)629.48653.69678.59
Year 5 PV (M)703.79737.79773.08
PV of Terminal Value (M)12,217.8112,807.9313,420.64
Equity Value (M)14,933.2115,609.6316,311.01
Shares Outstanding (M)167.53167.53167.53
Fair Value$89.14$93.17$97.36
Upside / Downside49.96%56.75%63.79%

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%