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Estimated Dividend Payout: Indicated annual dividend divided by estimated earnings per share for the next fiscal year.
Analyst William Hardcastle said: "The 2013 estimated dividend yield of 9.1%..is now the highest in the sector (and FTSE 100) and can't be ignored in our view.
It will increase the estimated dividend payable to creditors to about 15p in the pound from the 5p originally expected, according to BDO Stoy Hayward, the accountancy firm, which has put Farepak into liquidation.
Analyst William Hardcastle said: We are shifting our focus away from the PE growth multiple (close to historical low at 10.7 times) to the 2013 estimated dividend yield of 9.1%.
We screened for companies with both a high yield and a high estimated dividend payout.
With a Thomson IBES consensus earnings forecast for 2009 of $4.23 per share, Colgate has an estimated dividend payout of 42%.
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We came up with a fair value by estimating dividends for five years and a liquidation value in 2006, then discounting the sums back to the present.
We upgrade our earnings per share estimates by 5% and now forecast dividend growth at the preliminary results.
The administration has estimated that the dividend plan will cost the government $385 billion over 10 years.
Last year, he also took home an estimated $90 million in dividend payouts, plus $66.1 million from Carnival stock he sold through family trusts, according to Thomson Financial.
Temple-Inland then expects to use some of its expected $1.8 billion in sale proceeds to pay a special dividend estimated at $1.1 billion, or $10.25 a share.
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