Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

AT&T Inc. 5.625% Global Notes d (TBC)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$17.81 - $24.87$21.34
Multi-Stage$51.06 - $56.38$53.66
Blended Fair Value$37.50
Current Price$24.97
Upside50.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-11.23%-1.50%1.141.131.372.102.082.071.871.681.641.42
YoY Growth--0.88%-17.48%-34.57%0.75%0.46%11.02%11.40%2.04%15.66%6.78%
Dividend Yield--4.58%4.57%5.51%8.24%7.74%8.13%7.33%6.74%6.60%5.71%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)22,173.00
(-) Cash Dividends Paid (M)12,339.00
(=) Cash Retained (M)9,834.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4,434.602,771.631,662.98
Cash Retained (M)9,834.009,834.009,834.00
(-) Cash Required (M)-4,434.60-2,771.63-1,662.98
(=) Excess Retained (M)5,399.407,062.388,171.03
(/) Shares Outstanding (M)7,179.987,179.987,179.98
(=) Excess Retained per Share0.750.981.14
LTM Dividend per Share1.721.721.72
(+) Excess Retained per Share0.750.981.14
(=) Adjusted Dividend2.472.702.86
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate-6.42%-5.42%-4.42%
Fair Value$17.81$21.34$24.87
Upside / Downside-28.66%-14.55%-0.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)22,173.0020,972.1819,836.4018,762.1317,746.0316,784.9617,288.51
Payout Ratio55.65%62.52%69.39%76.26%83.13%90.00%92.50%
Projected Dividends (M)12,339.0013,111.6013,764.3314,307.9014,752.2315,106.4715,991.88

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate-6.42%-5.42%-4.42%
Year 1 PV (M)12,173.9812,304.0612,434.15
Year 2 PV (M)11,866.1112,121.0612,378.72
Year 3 PV (M)11,452.6511,823.7312,202.73
Year 4 PV (M)10,963.8911,440.0711,931.60
Year 5 PV (M)10,424.2910,993.2711,586.82
PV of Terminal Value (M)309,701.59326,605.67344,239.94
Equity Value (M)366,582.51385,287.86404,773.96
Shares Outstanding (M)7,179.987,179.987,179.98
Fair Value$51.06$53.66$56.38
Upside / Downside104.47%114.90%125.77%

High-Yield Dividend Screener

« Prev Page 96 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0053.HKGuoco Group Limited1.06%$0.7324.48%
0QRA.LBufab AB (publ)1.06%$1.0533.67%
1478.HKQ Technology (Group) Company Limited1.06%$0.0916.75%
300547.SZSichuan Chuanhuan Technology Co.,Ltd.1.06%$0.4246.91%
3605.TWACES Electronics Co., Ltd.1.06%$0.6716.60%
600862.SSAVIC Aviation High-Technology Co., Ltd.1.06%$0.2533.36%
600895.SSShanghai Zhangjiang Hi-Tech Park Development Co., Ltd.1.06%$0.4766.35%
601989.SSChina Shipbuilding Industry Company Limited1.06%$0.0548.46%
603823.SSLily Group Co., Ltd.1.06%$0.1639.52%
603856.SSShandong Donghong Pipe Industry Co., Ltd.1.06%$0.1321.43%
603909.SSHolsin Engineering Consulting Group Co.,Ltd.1.06%$0.1228.69%
688015.SSTraffic Control Technology Co., Ltd.1.06%$0.2432.90%
SPLTN.STInvestment AB Spiltan1.06%$2.197.20%
002452.SZChanggao Electric Group Co., Ltd.1.05%$0.0919.43%
002632.SZDaoming Optics&Chemical Co.,Ltd1.05%$0.1339.58%
002864.SZShaanxi Panlong Pharmaceutical Group Limited By Share Ltd1.05%$0.3228.23%
006800.KSMirae Asset Securities Co. Ltd.1.05%$257.6512.18%
090430.KSAmorepacific Corporation1.05%$1,336.4358.38%
1230.HKYashili International Holdings Ltd1.05%$0.0130.51%
136490.KSSunjin Co.,Ltd.1.05%$100.043.41%
300543.SZShenzhen Longood Intelligent Electric Co.,LTD1.05%$0.1299.57%
301580.SZAidite Qinhuangdao Technology Co Ltd1.05%$0.4727.41%
484870.KSMNC Solution Co., Ltd.1.05%$1,480.2735.83%
603017.SSARTS Group Co., Ltd1.05%$0.1279.10%
603067.SSHubei Zhenhua Chemical Co.,Ltd.1.05%$0.3031.09%
603358.SSHuada Automotive Technology Corp.,Ltd1.05%$0.5359.33%
603929.SSL&K Engineering (Suzhou) Co.,Ltd.1.05%$1.0033.37%
BRIS.JKPT Bank Syariah Indonesia Tbk1.05%$22.7814.07%
EREGL.ISEregli Demir ve Çelik Fabrikalari T.A.S.1.05%$0.2633.82%
TECKTeck Resources Limited1.05%$0.5119.75%
002957.SZShenzhen Colibri Technologies Co., Ltd.1.04%$0.2242.63%
006280.KSGC Biopharma Corp.1.04%$1,649.8533.43%
0N08.LPanoro Energy ASA1.04%$0.2168.53%
3733.TSoftware Service, Inc.1.04%$140.0111.99%
4307.TNomura Research Institute, Ltd.1.04%$62.8935.46%
600100.SSTsinghua Tongfang Co.,Ltd.1.04%$0.0978.90%
600863.SSInner Mongolia MengDian HuaNeng Thermal Power Corporation Limited1.04%$0.0514.74%
603989.SSHunan Aihua Group Co., Ltd1.04%$0.1731.43%
605118.SSXiamen Leading Optics Co., Ltd.1.04%$0.3146.29%
6720.TWOMajor-Power Technology Co., Ltd.1.04%$1.2720.76%
6808.HKSun Art Retail Group Limited1.04%$0.0242.72%
SSC.BKSermsuk Public Company Limited1.04%$0.5234.17%
000779.SZGansu Engineering Consulting Group Co., Ltd.1.03%$0.0818.98%
0A0H.ILBeijer Ref AB (publ)1.03%$1.3828.57%
103590.KSIljin Electric Co.,Ltd1.03%$600.4233.30%
2614.TWEastern Media International Corporation1.03%$0.2311.71%
2GB.DE2G Energy AG1.03%$0.3715.61%
300888.SZWinner Medical Co., Ltd.1.03%$0.3925.98%
301149.SZShandong Longhua New Material Co., Ltd.1.03%$0.1134.91%
319660.KQPSK Inc.1.03%$400.0014.97%