CAC Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Camden National Corp, the dividend discount model StockNews created for the company implies a positive return of 2.48%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Camden National Corp are:

• Compared to other US stocks that pay a dividend, Camden National Corp produces a dividend yield 4.25% -- which falls in the top 32.06%.
• A stock's beta generally indicates its volatility relative to the broader equity market; for Camden National Corp, its beta is lower than 63.81% of dividend issuing stocks we observed.
• In terms of who is growing the amount of dividends they return to shareholders, Camden National Corp has been increasing its dividends at a faster rate than 68.15% of US-listed dividend-issuing stocks we observed.

CAC Dividends vs. Peers