Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$52.06 - $74.79$63.17
Multi-Stage$84.80 - $93.06$88.85
Blended Fair Value$76.01
Current Price$24.82
Upside206.24%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020
DPS0.00%0.00%1.781.951.800.000.000.000.000.000.000.00
YoY Growth---8.88%8.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--7.10%10.43%10.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)255.42
(-) Cash Dividends Paid (M)97.08
(=) Cash Retained (M)158.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)51.0831.9319.16
Cash Retained (M)158.34158.34158.34
(-) Cash Required (M)-51.08-31.93-19.16
(=) Excess Retained (M)107.26126.42139.19
(/) Shares Outstanding (M)34.3734.3734.37
(=) Excess Retained per Share3.123.684.05
LTM Dividend per Share2.822.822.82
(+) Excess Retained per Share3.123.684.05
(=) Adjusted Dividend5.946.506.87
WACC / Discount Rate9.19%9.19%9.19%
Growth Rate-2.00%-1.00%0.00%
Fair Value$52.06$63.17$74.79
Upside / Downside109.75%154.50%201.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)255.42252.87250.34247.84245.36242.90250.19
Payout Ratio38.01%48.41%58.80%69.20%79.60%90.00%92.50%
Projected Dividends (M)97.08122.40147.21171.51195.31218.61231.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.19%9.19%9.19%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)110.97112.10113.23
Year 2 PV (M)120.99123.47125.98
Year 3 PV (M)127.79131.74135.78
Year 4 PV (M)131.93137.40143.03
Year 5 PV (M)133.88140.85148.11
PV of Terminal Value (M)2,289.222,408.432,532.55
Equity Value (M)2,914.783,053.993,198.67
Shares Outstanding (M)34.3734.3734.37
Fair Value$84.80$88.85$93.06
Upside / Downside241.66%257.98%274.94%

High-Yield Dividend Screener

« Prev Page 98 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
004960.KSHANSHIN Engineering & Construction Co., Ltd.0.99%$100.058.61%
0142.HKFirst Pacific Company Limited0.99%$0.0621.99%
053580.KQWebCash Corporation0.99%$100.0312.70%
603786.SSKEBODA TECHNOLOGY Co., Ltd.0.99%$0.7738.42%
688768.SSAnhui Ronds Science & Technology Incorporated Company0.99%$0.4328.76%
AVAX.ATAvax S.A.0.99%$0.037.13%
BERNER-B.STBerner Industrier AB0.99%$0.9430.06%
EGEEN.ISEge Endüstri ve Ticaret A.S.0.99%$79.8687.03%
EHL.AXEmeco Holdings Limited0.99%$0.015.08%
GOR.AXGold Road Resources Limited0.99%$0.0312.12%
MMXMaverix Metals Inc.0.99%$0.0559.73%
002396.SZFujian Star-net Communication Co., Ltd.0.98%$0.3035.77%
002925.SZXiamen Intretech Inc.0.98%$0.1743.09%
0QQO.LSiegfried Holding AG0.98%$0.7311.31%
1887.TJDC Corporation0.98%$5.2731.58%
300217.SZZhenjiang Dongfang Electric Heating Technology Co.,Ltd0.98%$0.0539.47%
301186.SZNantong Chaoda Equipment Co.,Ltd.0.98%$0.4732.02%
3939.HKWanguo Gold Group Limited0.98%$0.0824.54%
600754.SSShanghai Jin Jiang International Hotels Co., Ltd.0.98%$0.2547.67%
603040.SSHangzhou XZB Tech Co.,Ltd0.98%$0.9047.18%
6325.TTakakita Co., Ltd.0.98%$3.939.53%
6533.TOrchestra Holdings Inc.0.98%$10.9757.68%
688379.SSHangzhou Huaguang Advanced Welding Materials Co., Ltd.0.98%$0.5429.37%
ASBI.JKPT Asuransi Bintang Tbk0.98%$4.146.24%
HRTA.JKPT Hartadinata Abadi Tbk0.98%$21.0013.51%
000880.KSHanwha Corporation0.97%$784.545.80%
002075.SZJiangsu Shagang Co., Ltd.0.97%$0.0642.29%
002802.SZWuxi Honghui New Materials Technology Co., Ltd.0.97%$0.1246.80%
003036.SZZhejiang Taitan Co.,Ltd.0.97%$0.1564.74%
300660.SZJiangsu Leili Motor Co., Ltd0.97%$0.5353.08%
300679.SZElectric Connector Technology Co., Ltd.0.97%$0.4737.04%
5842.TIntegral Corporation0.97%$32.3610.57%
605277.SSXinya Electronic Co., Ltd.0.97%$0.2132.11%
688357.SSLuoyang Jianlong Micro-nano New Material Co., Ltd0.97%$0.3240.56%
688789.SSHangzhou Honghua Digital Technology Stock Company Ltd.0.97%$0.7928.66%
BACHOCOB.MXIndustrias Bachoco, S.A.B. de C.V.0.97%$0.8212.87%
0QLJ.LVillars Holding S.A.0.96%$5.4812.43%
1610.HKCOFCO Joycome Foods Limited0.96%$0.025.81%
2155.HKMorimatsu International Holdings Company Limited0.96%$0.097.40%
300033.SZHithink RoyalFlush Information Network Co., Ltd.0.96%$3.1070.07%
300817.SZZhejiang Sf Oilless Bearing Co.,Ltd.0.96%$0.2069.08%
3267.TPhil Company,Inc.0.96%$10.0316.38%
3324.TWOAuras Technology Co., Ltd.0.96%$9.5842.78%
5601.TWOTaiwan Allied Container Terminal Corp.0.96%$0.3588.75%
601028.SSShandong Yulong Gold Co., Ltd.0.96%$0.1225.84%
603031.SSAnhui Anfu Battery Technology Co., Ltd.0.96%$0.4350.13%
605011.SSHangzhou Cogeneration Group Co., Ltd.0.96%$0.2041.95%
6215.TWAurotek Corporation0.96%$0.9957.18%
6532.TBayCurrent Consulting, Inc.0.96%$62.1326.99%
6781.TWAdvanced Energy Solution Holding Co., Ltd.0.96%$12.4933.60%