Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The New America High Income Fund Inc. (HYB)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$6.74 - $9.79$8.22
Multi-Stage$16.75 - $18.45$17.58
Blended Fair Value$12.90
Current Price$7.33
Upside76.02%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS-5.70%-6.31%0.280.390.370.350.390.380.430.430.480.49
YoY Growth---27.37%5.88%3.65%-10.28%4.27%-12.86%0.57%-10.01%-2.70%-8.91%
Dividend Yield--3.99%5.87%3.92%4.06%4.31%4.99%4.60%4.65%6.24%5.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)38.31
(-) Cash Dividends Paid (M)24.30
(=) Cash Retained (M)14.02
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.664.792.87
Cash Retained (M)14.0214.0214.02
(-) Cash Required (M)-7.66-4.79-2.87
(=) Excess Retained (M)6.359.2311.14
(/) Shares Outstanding (M)40.9140.9140.91
(=) Excess Retained per Share0.160.230.27
LTM Dividend per Share0.590.590.59
(+) Excess Retained per Share0.160.230.27
(=) Adjusted Dividend0.750.820.87
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate-3.92%-2.92%-1.92%
Fair Value$6.74$8.22$9.79
Upside / Downside-8.00%12.18%33.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)38.3137.1936.1035.0534.0233.0334.02
Payout Ratio63.42%68.74%74.05%79.37%84.68%90.00%92.50%
Projected Dividends (M)24.3025.5626.7427.8228.8129.7231.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate-3.92%-2.92%-1.92%
Year 1 PV (M)23.7023.9524.19
Year 2 PV (M)22.9823.4623.95
Year 3 PV (M)22.1722.8723.58
Year 4 PV (M)21.2922.1923.12
Year 5 PV (M)20.3621.4422.57
PV of Terminal Value (M)574.78605.32637.14
Equity Value (M)685.27719.22754.55
Shares Outstanding (M)40.9140.9140.91
Fair Value$16.75$17.58$18.45
Upside / Downside128.55%139.87%151.65%

High-Yield Dividend Screener

« Prev Page 103 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300408.SZChaozhou Three-Circle (Group) Co.,Ltd.0.83%$0.3828.62%
3484.TTenpo Innovation CO.,LTD.0.83%$9.9713.59%
353200.KSDAEDUCK ELECTRONICS Co., Ltd.0.83%$400.2878.17%
357780.KQSoulbrain Co., Ltd.0.83%$2,325.5726.44%
600163.SSZhongmin Energy Co., Ltd.0.83%$0.0414.96%
603297.SSNingbo Yongxin Optics Co.,Ltd0.83%$0.8744.04%
603344.SSCinderson Tech (Suzhou) Co., Ltd.0.83%$0.3131.21%
603755.SSQingdao Richen Foods Co., Ltd.0.83%$0.3040.12%
605123.SSWuxi Paike New Materials Technology Co.,Ltd.0.83%$0.8640.88%
6624.TWOEver-Clear Environmental Eng. Corp.0.83%$0.5443.67%
GYL.OLGyldendal ASA0.83%$3.925.79%
HHGCHHG Capital Corporation0.83%$0.0931.96%
000425.SZXCMG Construction Machinery Co., Ltd.0.82%$0.1016.53%
0522.HKASMPT Limited0.82%$0.6778.47%
300439.SZMedicalsystem Biotechnology Co., Ltd.0.82%$0.0832.74%
300634.SZRichinfo Technology Co., Ltd.0.82%$0.2140.12%
300703.SZCre8 Direct (NingBo) Co., Ltd.0.82%$0.2028.25%
300871.SZHvsen Biotechnology Co., Ltd.0.82%$0.1715.92%
5285.KLSime Darby Plantation Berhad0.82%$0.0511.78%
600038.SSAvicopter Plc0.82%$0.3042.43%
600097.SSShanghai Kaichuang Marine International Co., Ltd.0.82%$0.0921.30%
600584.SSJCET Group Co., Ltd.0.82%$0.3036.16%
600787.SSCMST Development Co.,Ltd.0.82%$0.0521.59%
688510.SSWuxi Hyatech Co.,Ltd.0.82%$0.2251.21%
ALLHB.PALes Hôtels Baverez S.A.0.82%$0.6015.34%
AONAon plc0.82%$2.8322.49%
IAR-B.STIAR Systems Group AB (publ)0.82%$1.4726.71%
000738.SZAecc Aero-Engine Control Co.,Ltd.0.81%$0.1743.46%
000833.SZGuangxi Yuegui Guangye Holdings Co., Ltd.0.81%$0.1625.49%
002889.SZShenzhen Easttop Supply Chain Management Co., Ltd.0.81%$0.1230.64%
002979.SZChina Leadshine Technology Co., Ltd.0.81%$0.3449.51%
300037.SZShenzhen Capchem Technology Co., Ltd.0.81%$0.4232.43%
300444.SZBeijing SOJO Electric Co., Ltd.0.81%$0.0869.59%
300918.SZShandong Nanshan Zhishang Sci-Tech Co.,Ltd.0.81%$0.1541.07%
603022.SSShanghai Xintonglian Packaging Co., Ltd.0.81%$0.0831.63%
603166.SSGUILIN FUDA Co.,Ltd.0.81%$0.1327.96%
688689.SSChangzhou Galaxy Century Microelectronics Co.,Ltd.0.81%$0.2340.07%
688786.SSJiangxi Yuean Advanced Materials Co.,Ltd.0.81%$0.2343.35%
KIJA.JKPT Kawasan Industri Jababeka Tbk0.81%$1.6922.92%
VTRUVitru Limited0.81%$0.074.55%
002156.SZTongfu Microelectronics Co.,Ltd0.80%$0.3046.36%
002950.SZAllmed Medical Products Co., Ltd0.80%$0.0911.97%
003960.KSSajodaerim Corporation0.80%$295.033.88%
0DWV.LcBrain A/S0.80%$0.9015.53%
2536.HKPalasino Holdings Limited0.80%$0.0258.64%
300855.SZJiangsu ToLand Alloy Co.,Ltd0.80%$0.2677.09%
3867.KLMalaysian Pacific Industries Berhad0.80%$0.2528.08%
600635.SSShanghai Dazhong Public Utilities(Group) Co.,Ltd.0.80%$0.0526.60%
603366.SSSolareast Holdings Co., Ltd.0.80%$0.0834.34%
603798.SSQingdao Copton Technology Company Limited0.80%$0.1364.02%