Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Calamos Global Dynamic Income Fund (CHW)

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

Valuation Snapshot

Stable Growth$12.76 - $18.37$15.50
Multi-Stage$21.81 - $23.89$22.83
Blended Fair Value$19.16
Current Price$6.45
Upside197.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS-4.73%0.00%0.600.600.760.750.770.760.760.780.780.00
YoY Growth--0.00%-20.73%0.36%-1.61%0.29%0.99%-2.49%0.00%0.00%0.00%
Dividend Yield--8.70%11.49%13.42%7.24%9.83%9.40%9.97%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)115.18
(-) Cash Dividends Paid (M)76.64
(=) Cash Retained (M)38.54
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)23.0414.408.64
Cash Retained (M)38.5438.5438.54
(-) Cash Required (M)-23.04-14.40-8.64
(=) Excess Retained (M)15.5024.1429.90
(/) Shares Outstanding (M)63.8663.8663.86
(=) Excess Retained per Share0.240.380.47
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share0.240.380.47
(=) Adjusted Dividend1.441.581.67
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate-2.00%-1.00%0.00%
Fair Value$12.76$15.50$18.37
Upside / Downside97.85%140.30%184.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)115.18114.03112.89111.76110.64109.54112.82
Payout Ratio66.54%71.23%75.92%80.62%85.31%90.00%92.50%
Projected Dividends (M)76.6481.2385.7190.1094.3998.58104.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)73.7174.4775.22
Year 2 PV (M)70.5972.0473.50
Year 3 PV (M)67.3469.4271.54
Year 4 PV (M)64.0266.6769.41
Year 5 PV (M)60.6863.8467.13
PV of Terminal Value (M)1,056.501,111.511,168.79
Equity Value (M)1,392.831,457.941,525.59
Shares Outstanding (M)63.8663.8663.86
Fair Value$21.81$22.83$23.89
Upside / Downside238.13%253.93%270.36%

High-Yield Dividend Screener

« Prev Page 11 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3719.KLPanasonic Manufacturing Malaysia Berhad8.56%$0.6385.80%
GNG.AXGR Engineering Services Limited8.56%$0.3899.06%
078930.KSGS Holdings Corp.8.55%$4,726.0078.57%
2388.HKBOC Hong Kong (Holdings) Limited8.55%$3.4447.81%
CRTO.PACaisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative8.54%$9.4831.11%
MARK.JKPT Mark Dynamics Indonesia Tbk8.54%$70.0098.69%
TWEKA.ASTKH Group N.V.8.54%$3.1870.93%
0DTI.LBonheur ASA8.53%$23.2642.29%
1502.HKFinancial Street Property Co., Limited8.52%$0.1758.63%
FOYRK.ATFourlis Holdings S.A.8.52%$0.3765.80%
2491.TValueCommerce Co., Ltd.8.51%$56.6140.75%
6355.TSumitomo Precision Products Co., Ltd.8.51%$310.088.45%
DREIT.BKDusit Thani Freehold and Leasehold Real Estate Investment Trust8.50%$0.4298.66%
6862.HKHaidilao International Holding Ltd.8.49%$1.2276.09%
015890.KSTaekyung Industry.Co., Ltd.8.48%$416.7845.41%
3983.HKChina BlueChemical Ltd.8.48%$0.2140.13%
3292.TAEON REIT Investment Corporation8.45%$11,596.4988.85%
CIEL3.SACielo S.A.8.44%$0.4973.05%
ASGR.JKPT Astra Graphia Tbk8.43%$99.0056.73%
JWW.WAJWW Invest S.A.8.43%$0.2543.64%
3488.TCENTRAL REIT Investment Corporation8.42%$9,789.7772.08%
GUNKUL-R.BKGunkul Engineering Public Company Limited8.42%$0.1678.57%
1333.HKBreton Technology Co. Ltd.8.41%$2.3574.43%
DRM.TODream Unlimited Corp.8.41%$1.6484.81%
ALEXA.PAExacompta Clairefontaine S.A.8.40%$14.2037.48%
RANI3.SAIrani Papel e Embalagem S.A.8.40%$0.7343.32%
SPALI-R.BKSupalai Public Company Limited8.39%$1.4357.89%
5141.KLDayang Enterprise Holdings Bhd8.38%$0.1487.12%
600020.SSHenan Zhongyuan Expressway Company Limited8.37%$0.3678.65%
MASQ.AEMashreqbank PSC8.37%$21.4252.51%
PROX.BRProximus PLC8.37%$0.6033.92%
0R9T.LEquasens S.A.8.36%$3.7571.00%
6212.TWOLi Ming Development Construction Co., Ltd.8.34%$3.4547.85%
SNNP.BKSrinanaporn Marketing Public Company Limited8.33%$0.6192.23%
VLK.ASVan Lanschot Kempen N.V.8.32%$4.4268.64%
600894.SSGuangzhou Guangri Stock Co.,Ltd.8.31%$0.7798.07%
ORC-B.VOrca Energy Group Inc.8.31%$0.2935.79%
ADMF.JKPT Adira Dinamika Multi Finance Tbk8.30%$703.1157.11%
0QPJ.LCembra Money Bank AG8.29%$8.2371.08%
QDT.PAQuadient S.A.8.29%$1.2035.65%
VPK.ASKoninklijke Vopak N.V.8.29%$3.1639.83%
DP4B.DEA.P. Møller - Mærsk A/S8.27%$165.1637.01%
ECP.AXECP Emerging Growth Limited8.27%$0.0924.35%
PHOL.BKPhol Dhanya Public Company Limited8.27%$0.2371.53%
ASDM.JKPT Asuransi Dayin Mitra Tbk8.26%$50.0060.31%
000320.KSNOROO Holdings Co., Ltd.8.25%$1,700.3753.43%
IMCD.ASIMCD N.V.8.25%$6.4669.83%
NELY.JKPT Pelayaran Nelly Dwi Putri Tbk8.25%$38.3052.05%
WGB.AXWAM Global Limited8.25%$0.2014.48%
HM1.AXHearts and Minds Investments Limited8.24%$0.2643.45%