Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Vicinity Centres (VCX.AX)

Company Dividend Discount ModelIndustry: REIT - RetailSector: Real Estate

Valuation Snapshot

Stable Growth$3.30 - $5.15$4.15
Multi-Stage$5.46 - $5.99$5.72
Blended Fair Value$4.94
Current Price$2.47
Upside99.89%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-2.61%5.77%0.110.120.110.110.030.130.140.140.150.15
YoY Growth---6.30%5.66%1.36%232.24%-73.73%-5.29%-4.88%-6.13%1.72%132.48%
Dividend Yield--4.58%6.42%6.17%6.12%2.19%9.03%5.47%5.53%5.94%4.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,551.70
(-) Cash Dividends Paid (M)819.40
(=) Cash Retained (M)732.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)310.34193.96116.38
Cash Retained (M)732.30732.30732.30
(-) Cash Required (M)-310.34-193.96-116.38
(=) Excess Retained (M)421.96538.34615.92
(/) Shares Outstanding (M)4,565.364,565.364,565.36
(=) Excess Retained per Share0.090.120.13
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.090.120.13
(=) Adjusted Dividend0.270.300.31
WACC / Discount Rate7.89%7.89%7.89%
Growth Rate-0.32%0.68%1.68%
Fair Value$3.30$4.15$5.15
Upside / Downside33.71%68.21%108.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,551.701,562.241,572.851,583.531,594.281,605.111,653.26
Payout Ratio52.81%60.25%67.68%75.12%82.56%90.00%92.50%
Projected Dividends (M)819.40941.171,064.561,189.591,316.261,444.601,529.27

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.89%7.89%7.89%
Growth Rate-0.32%0.68%1.68%
Year 1 PV (M)863.72872.38881.05
Year 2 PV (M)896.55914.63932.89
Year 3 PV (M)919.39947.34975.85
Year 4 PV (M)933.57971.601,010.78
Year 5 PV (M)940.28988.401,038.47
PV of Terminal Value (M)20,374.3121,417.0222,501.99
Equity Value (M)24,927.8226,111.3827,341.03
Shares Outstanding (M)4,565.364,565.364,565.36
Fair Value$5.46$5.72$5.99
Upside / Downside121.06%131.56%142.46%

High-Yield Dividend Screener

« Prev Page 99 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
7525.TRix Corporation0.96%$35.619.90%
7739.TCanon Electronics Inc.0.96%$34.9920.69%
TSTE.BKTSTE Public Company Limited0.96%$0.1027.60%
300694.SZWuxi Lihu Corporation Limited.0.95%$0.1279.20%
301586.SZAnhui Jialiqi Advanced Composites Technology Co., Ltd.0.95%$0.4861.32%
4933.TI-ne Co. Ltd.0.95%$12.638.63%
600478.SSHunan Corun New Energy Co., Ltd.0.95%$0.0757.83%
603311.SSZhejiang Goldensea Hi-Tech Co., Ltd0.95%$0.1537.91%
688601.SSWuxi ETEK Microelectronics Co.,Ltd.0.95%$0.4099.02%
CBF.WACyber_Folks S.A.0.95%$2.0047.29%
FROY.OLFrøy ASA0.95%$0.7226.30%
002287.SZTibet Cheezheng Tibetan Medicine Co., Ltd.0.94%$0.2220.25%
002324.SZShanghai Pret Composites Co., Ltd.0.94%$0.1564.15%
002981.SZRisuntek Inc.0.94%$0.2727.15%
004090.KSKorea Petroleum Industries Company0.94%$131.4812.76%
1501.HKShanghai Kindly Medical Instruments Co., Ltd.0.94%$0.2813.02%
2FE.DEFerrari N.V.0.94%$2.9833.18%
300401.SZZhejiang Garden Bio-chemical High-tech Co., Ltd.0.94%$0.1428.55%
300507.SZJiangsu Olive Sensors High-Tech Co., Ltd.0.94%$0.0960.89%
300697.SZJiangyin Electrical Alloy Co.,Ltd0.94%$0.1640.97%
300711.SZGHT Co.,Ltd0.94%$0.2261.50%
301192.SZShiyan Taixiang Industry Co.,Ltd.0.94%$0.2869.57%
603036.SSJiangsu Rutong Petro-Machinery Co., Ltd0.94%$0.2035.78%
603659.SSShanghai Putailai New Energy Technology Co.,Ltd.0.94%$0.2632.78%
6139.KLSyarikat Takaful Malaysia Keluarga Berhad0.94%$0.036.88%
AFP.AXAFT Pharmaceuticals Limited0.94%$0.0310.27%
CWCOConsolidated Water Co. Ltd.0.94%$0.3331.17%
TITLE.BKRhom Bho Property Public Company Limited0.94%$0.0510.84%
000021.SZShenzhen Kaifa Technology Co., Ltd.0.93%$0.2436.11%
002112.SZSanbian Sci Tech Co., Ltd.0.93%$0.1243.85%
002432.SZAndon Health Co., Ltd.0.93%$0.378.12%
002674.SZXingye Leather Technology Co., Ltd.0.93%$0.1435.63%
300905.SZPoly Plastic Masterbatch (SuZhou) Co.,Ltd0.93%$0.3038.31%
3489.TFaithNetwork Co.,Ltd0.93%$7.497.32%
603050.SSShijiazhuang Kelin Electric Co., Ltd.0.93%$0.1727.55%
9468.TKadokawa Corporation0.93%$29.4265.16%
CGAS.JKCitra Nusantara Gemilang Tbk.0.93%$1.6969.26%
HLE.DEHELLA GmbH & Co. KGaA0.93%$0.7727.90%
LTHP.LJames Latham Plc0.93%$1.1460.21%
PNRPentair plc0.93%$0.9824.66%
SCNP.JKPT Selaras Citra Nusantara Perkasa Tbk0.93%$1.5039.76%
STESTERIS plc0.93%$2.3333.45%
STXSeagate Technology Holdings plc0.93%$2.6835.38%
002643.SZValiant Co.,Ltd0.92%$0.1449.79%
002815.SZSuntak Technology Co.,Ltd.0.92%$0.1346.57%
004560.KSHyundai Bng Steel Co., Ltd.0.92%$100.0612.54%
005800.KSShinyoungwacoal,Inc.0.92%$149.9616.31%
034230.KQParadise Co., Ltd.0.92%$94.749.92%
058470.KQLEENO Industrial Inc.0.92%$599.7130.22%
0Q3C.LSÜSS MicroTec SE0.92%$0.3810.11%