Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Lakeland Bancorp, Inc. (LBAI)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$62.09 - $258.31$158.12
Multi-Stage$31.13 - $34.04$32.56
Blended Fair Value$95.34
Current Price$12.02
Upside693.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS12.31%16.66%0.580.570.420.390.380.330.290.250.190.17
YoY Growth--1.97%37.67%6.53%2.16%16.95%13.02%17.78%27.18%16.15%32.92%
Dividend Yield--4.86%3.66%2.49%2.24%3.53%2.10%1.46%1.25%1.90%1.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)84.73
(-) Cash Dividends Paid (M)38.09
(=) Cash Retained (M)46.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.9510.596.35
Cash Retained (M)46.6446.6446.64
(-) Cash Required (M)-16.95-10.59-6.35
(=) Excess Retained (M)29.6936.0540.28
(/) Shares Outstanding (M)65.2365.2365.23
(=) Excess Retained per Share0.460.550.62
LTM Dividend per Share0.580.580.58
(+) Excess Retained per Share0.460.550.62
(=) Adjusted Dividend1.041.141.20
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate5.50%6.50%7.50%
Fair Value$62.09$158.12$258.31
Upside / Downside416.57%1,215.45%2,048.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)84.7390.2496.10102.35109.00116.09119.57
Payout Ratio44.96%53.96%62.97%71.98%80.99%90.00%92.50%
Projected Dividends (M)38.0948.7060.5273.6788.28104.48110.60

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)44.9745.4045.82
Year 2 PV (M)51.6252.6053.59
Year 3 PV (M)58.0359.6961.39
Year 4 PV (M)64.2266.6969.23
Year 5 PV (M)70.1873.5777.09
PV of Terminal Value (M)1,741.851,825.981,913.33
Equity Value (M)2,030.862,123.932,220.46
Shares Outstanding (M)65.2365.2365.23
Fair Value$31.13$32.56$34.04
Upside / Downside159.00%170.87%183.18%

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%