[45] 2015年10月末に基づく配当成長予測
mDGR = modified Dividend Growth Rate,
7% at the highest, (under-)estimated with margin of safety.
過去5年間、10年間、将来5年間EPS成長率予測等をもとに、できるだけconservativeに、少なく予測したつもりです。
最低1%、最高7%の範囲に収めています。
未来は誰にもわかりませんし、当然、成長率が鈍ることが予想されますが、45年間同率成長したと仮定します。
Ticker Symbol |
future mDGR (%) |
Divdnd Yield (%) |
2016 YOC (%) |
2018 YOC (%) |
2020 YOC (%) |
2025 YOC (%) |
2030 YOC (%) |
2035 YOC (%) |
2040 YOC (%) |
2045 YOC (%) |
2050 YOC (%) |
2055 YOC (%) |
2060 YOC (%) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM | 5.0 | 3.71 | 3.90 | 4.30 | 4.74 | 6.05 | 7.72 | 9.85 | 12.57 | 16.04 | 20.48 | 26.13 | 33.35 |
HP | 3.0 | 4.89 | 5.03 | 5.34 | 5.67 | 6.57 | 7.61 | 8.83 | 10.23 | 11.86 | 13.75 | 15.94 | 18.48 |
AFL | 3.0 | 2.57 | 2.65 | 2.81 | 2.98 | 3.46 | 4.01 | 4.65 | 5.39 | 6.24 | 7.24 | 8.39 | 9.73 |
WMT | 2.5 | 3.42 | 3.51 | 3.69 | 3.87 | 4.38 | 4.96 | 5.61 | 6.35 | 7.18 | 8.13 | 9.19 | 10.40 |
ETN | 5.0 | 3.93 | 4.13 | 4.56 | 5.02 | 6.41 | 8.18 | 10.44 | 13.32 | 17.01 | 21.70 | 27.70 | 35.36 |
ADM | 4.0 | 2.45 | 2.55 | 2.76 | 2.98 | 3.63 | 4.42 | 5.37 | 6.54 | 7.96 | 9.68 | 11.78 | 14.33 |
WFC | 6.5 | 2.77 | 2.95 | 3.35 | 3.80 | 5.20 | 7.13 | 9.76 | 13.38 | 18.33 | 25.11 | 34.40 | 47.13 |
EMR | 2.0 | 3.98 | 4.06 | 4.22 | 4.39 | 4.85 | 5.36 | 5.91 | 6.53 | 7.21 | 7.96 | 8.79 | 9.70 |
CVX | 1.0 | 4.71 | 4.76 | 4.85 | 4.95 | 5.20 | 5.47 | 5.75 | 6.04 | 6.35 | 6.67 | 7.01 | 7.37 |
XOM | 3.0 | 3.53 | 3.64 | 3.86 | 4.09 | 4.74 | 5.50 | 6.37 | 7.39 | 8.57 | 9.93 | 11.51 | 13.35 |
PH | 5.0 | 2.41 | 2.53 | 2.79 | 3.07 | 3.92 | 5.00 | 6.39 | 8.15 | 10.40 | 13.28 | 16.94 | 21.63 |
CAT | 4.0 | 4.22 | 4.39 | 4.75 | 5.13 | 6.25 | 7.60 | 9.25 | 11.25 | 13.69 | 16.65 | 20.26 | 24.65 |
UTX | 5.0 | 2.60 | 2.73 | 3.01 | 3.32 | 4.24 | 5.41 | 6.90 | 8.81 | 11.24 | 14.35 | 18.31 | 23.37 |
QCOM | 4.0 | 3.23 | 3.36 | 3.63 | 3.93 | 4.78 | 5.82 | 7.08 | 8.61 | 10.48 | 12.75 | 15.51 | 18.87 |
DOV | 4.0 | 2.61 | 2.71 | 2.93 | 3.17 | 3.86 | 4.70 | 5.71 | 6.95 | 8.46 | 10.29 | 12.52 | 15.23 |
CSCO | 4.0 | 2.91 | 3.03 | 3.28 | 3.54 | 4.31 | 5.24 | 6.38 | 7.76 | 9.44 | 11.49 | 13.98 | 17.01 |
TROW | 6.0 | 2.75 | 2.92 | 3.28 | 3.68 | 4.93 | 6.59 | 8.82 | 11.81 | 15.80 | 21.14 | 28.29 | 37.86 |
TGT | 3.0 | 2.90 | 2.99 | 3.17 | 3.36 | 3.90 | 4.52 | 5.24 | 6.08 | 7.04 | 8.17 | 9.47 | 10.98 |
ED | 1.0 | 3.95 | 3.99 | 4.07 | 4.16 | 4.37 | 4.59 | 4.83 | 5.07 | 5.33 | 5.60 | 5.89 | 6.19 |
EV | 4.0 | 2.94 | 3.05 | 3.30 | 3.57 | 4.35 | 5.29 | 6.43 | 7.83 | 9.52 | 11.58 | 14.09 | 17.15 |
GWW | 4.0 | 2.23 | 2.32 | 2.51 | 2.71 | 3.30 | 4.01 | 4.88 | 5.94 | 7.23 | 8.79 | 10.70 | 13.02 |
RAI | 5.0 | 2.98 | 3.13 | 3.45 | 3.80 | 4.85 | 6.20 | 7.91 | 10.09 | 12.88 | 16.44 | 20.98 | 26.78 |
ITW | 4.0 | 2.39 | 2.49 | 2.69 | 2.91 | 3.54 | 4.31 | 5.24 | 6.38 | 7.76 | 9.44 | 11.49 | 13.98 |
VZ | 2.5 | 4.82 | 4.94 | 5.19 | 5.45 | 6.17 | 6.98 | 7.90 | 8.94 | 10.11 | 11.44 | 12.94 | 14.65 |
PM | 6.0 | 4.62 | 4.89 | 5.50 | 6.18 | 8.27 | 11.06 | 14.80 | 19.81 | 26.51 | 35.47 | 47.47 | 63.53 |
SO | 3.0 | 4.81 | 4.96 | 5.26 | 5.58 | 6.47 | 7.50 | 8.69 | 10.07 | 11.68 | 13.54 | 15.70 | 18.20 |
JNJ | 7.0 | 2.97 | 3.18 | 3.64 | 4.16 | 5.84 | 8.19 | 11.49 | 16.12 | 22.60 | 31.70 | 44.47 | 62.36 |
LMT | 5.0 | 3.00 | 3.15 | 3.48 | 3.83 | 4.89 | 6.24 | 7.97 | 10.17 | 12.98 | 16.56 | 21.14 | 26.98 |
GPC | 5.0 | 2.71 | 2.85 | 3.14 | 3.46 | 4.42 | 5.63 | 7.19 | 9.18 | 11.71 | 14.95 | 19.08 | 24.35 |
DEO | 4.5 | 3.02 | 3.16 | 3.45 | 3.77 | 4.69 | 5.85 | 7.29 | 9.08 | 11.32 | 14.11 | 17.58 | 21.91 |
MMM | 5.0 | 2.61 | 2.74 | 3.02 | 3.33 | 4.25 | 5.42 | 6.92 | 8.83 | 11.27 | 14.39 | 18.36 | 23.43 |
BUD | 4.0 | 2.71 | 2.82 | 3.05 | 3.30 | 4.02 | 4.89 | 5.95 | 7.24 | 8.81 | 10.71 | 13.03 | 15.86 |
NUE | 1.0 | 3.52 | 3.56 | 3.63 | 3.70 | 3.88 | 4.07 | 4.28 | 4.49 | 4.71 | 4.94 | 5.19 | 5.45 |
DUK | 2.0 | 4.62 | 4.71 | 4.90 | 5.10 | 5.63 | 6.21 | 6.86 | 7.58 | 8.36 | 9.23 | 10.20 | 11.26 |
HAS | 6.0 | 2.39 | 2.54 | 2.85 | 3.20 | 4.29 | 5.74 | 7.68 | 10.28 | 13.76 | 18.41 | 24.63 | 32.96 |
MO | 7.0 | 3.74 | 4.00 | 4.58 | 5.24 | 7.35 | 10.31 | 14.46 | 20.28 | 28.45 | 39.90 | 55.97 | 78.49 |
DIS | 7.0 | 1.16 | 1.24 | 1.42 | 1.63 | 2.28 | 3.20 | 4.49 | 6.30 | 8.83 | 12.39 | 17.38 | 24.37 |
PFE | 3.0 | 3.31 | 3.41 | 3.62 | 3.84 | 4.45 | 5.16 | 5.98 | 6.93 | 8.04 | 9.32 | 10.80 | 12.52 |
HD | 6.5 | 1.91 | 2.03 | 2.31 | 2.62 | 3.58 | 4.91 | 6.73 | 9.21 | 12.63 | 17.30 | 23.70 | 32.47 |
OKE | 3.0 | 7.25 | 7.47 | 7.92 | 8.41 | 9.75 | 11.30 | 13.10 | 15.18 | 17.60 | 20.41 | 23.66 | 27.43 |
MCD | 3.5 | 3.03 | 3.13 | 3.36 | 3.60 | 4.27 | 5.07 | 6.03 | 7.16 | 8.50 | 10.10 | 11.99 | 14.24 |
LOW | 5.0 | 1.52 | 1.59 | 1.76 | 1.94 | 2.47 | 3.15 | 4.03 | 5.14 | 6.56 | 8.37 | 10.68 | 13.63 |
PG | 4.0 | 3.47 | 3.61 | 3.91 | 4.22 | 5.14 | 6.25 | 7.61 | 9.25 | 11.26 | 13.70 | 16.67 | 20.28 |
AWR | 4.0 | 2.20 | 2.29 | 2.47 | 2.68 | 3.25 | 3.96 | 4.82 | 5.86 | 7.13 | 8.68 | 10.56 | 12.84 |
BHP | 1.0 | 7.54 | 7.62 | 7.77 | 7.92 | 8.33 | 8.75 | 9.20 | 9.67 | 10.16 | 10.68 | 11.23 | 11.80 |
CL | 6.0 | 2.29 | 2.43 | 2.73 | 3.07 | 4.10 | 5.49 | 7.35 | 9.83 | 13.16 | 17.61 | 23.56 | 31.53 |
CLX | 6.0 | 2.53 | 2.68 | 3.01 | 3.38 | 4.52 | 6.05 | 8.10 | 10.84 | 14.51 | 19.41 | 25.98 | 34.77 |
KO | 6.0 | 3.12 | 3.30 | 3.71 | 4.17 | 5.58 | 7.47 | 10.00 | 13.38 | 17.90 | 23.96 | 32.06 | 42.90 |
GIS | 6.0 | 3.03 | 3.21 | 3.61 | 4.05 | 5.42 | 7.26 | 9.71 | 13.00 | 17.40 | 23.28 | 31.15 | 41.69 |
VFC | 6.0 | 2.19 | 2.32 | 2.61 | 2.93 | 3.93 | 5.25 | 7.03 | 9.41 | 12.59 | 16.85 | 22.55 | 30.17 |
APD | 4.5 | 2.33 | 2.44 | 2.66 | 2.91 | 3.62 | 4.51 | 5.62 | 7.01 | 8.73 | 10.88 | 13.56 | 16.90 |
ADP | 4.0 | 2.25 | 2.34 | 2.53 | 2.74 | 3.34 | 4.06 | 4.94 | 6.01 | 7.31 | 8.89 | 10.82 | 13.16 |
PEP | 6.0 | 2.75 | 2.91 | 3.28 | 3.68 | 4.92 | 6.59 | 8.82 | 11.80 | 15.79 | 21.14 | 28.28 | 37.85 |
V | 5.0 | 0.72 | 0.76 | 0.84 | 0.92 | 1.18 | 1.50 | 1.92 | 2.44 | 3.12 | 3.98 | 5.08 | 6.49 |
MDT | 5.0 | 2.06 | 2.16 | 2.38 | 2.62 | 3.35 | 4.27 | 5.46 | 6.96 | 8.89 | 11.34 | 14.48 | 18.48 |
BF-B | 5.0 | 1.19 | 1.25 | 1.37 | 1.51 | 1.93 | 2.47 | 3.15 | 4.02 | 5.13 | 6.55 | 8.35 | 10.66 |
T | 2.0 | 5.61 | 5.72 | 5.95 | 6.19 | 6.84 | 7.55 | 8.34 | 9.20 | 10.16 | 11.22 | 12.39 | 13.68 |
NKE | 6.0 | 0.85 | 0.91 | 1.02 | 1.14 | 1.53 | 2.05 | 2.74 | 3.67 | 4.91 | 6.57 | 8.79 | 11.77 |
YUM | 5.0 | 2.59 | 2.72 | 3.00 | 3.31 | 4.23 | 5.39 | 6.88 | 8.79 | 11.21 | 14.31 | 18.27 | 23.31 |
BDX | 5.0 | 1.68 | 1.77 | 1.95 | 2.15 | 2.74 | 3.50 | 4.47 | 5.70 | 7.28 | 9.29 | 11.86 | 15.13 |
MSFT | 4.0 | 2.74 | 2.84 | 3.08 | 3.33 | 4.05 | 4.93 | 5.99 | 7.29 | 8.87 | 10.79 | 13.13 | 15.98 |
SYY | 3.0 | 2.91 | 3.00 | 3.18 | 3.37 | 3.91 | 4.53 | 5.25 | 6.09 | 7.06 | 8.19 | 9.49 | 11.00 |
KMI | 1.0 | 7.46 | 7.53 | 7.68 | 7.84 | 8.24 | 8.66 | 9.10 | 9.57 | 10.05 | 10.57 | 11.11 | 11.67 |
O | 3.0 | 4.62 | 4.76 | 5.05 | 5.36 | 6.21 | 7.20 | 8.35 | 9.68 | 11.22 | 13.01 | 15.08 | 17.48 |
HCP | 3.0 | 6.08 | 6.26 | 6.64 | 7.04 | 8.16 | 9.47 | 10.97 | 12.72 | 14.75 | 17.09 | 19.82 | 22.97 |
GE | 1.0 | 3.18 | 3.21 | 3.28 | 3.34 | 3.51 | 3.69 | 3.88 | 4.08 | 4.29 | 4.51 | 4.74 | 4.98 |
ENB | 4.0 | 2.97 | 3.09 | 3.34 | 3.61 | 4.40 | 5.35 | 6.51 | 7.92 | 9.63 | 11.72 | 14.26 | 17.35 |
BP | 1.0 | 6.72 | 6.79 | 6.93 | 7.07 | 7.43 | 7.80 | 8.20 | 8.62 | 9.06 | 9.52 | 10.01 | 10.52 |
Ticker Symbol |
future mDGR (%) |
Divdnd Yield (%) |
2016 | 2018 | 2020 | 2025 | 2030 | 2035 | 2040 | 2045 | 2050 | 2055 | 2060 |
Average | 4.12 | 3.28 | 3.40 | 3.66 | 3.94 | 4.76 | 5.80 | 7.12 | 8.78 | 10.91 | 13.64 | 17.15 | 21.70 |
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