Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Credit Suisse High Yield Bond Fund, Inc. (DHY)

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

Valuation Snapshot

Stable Growth$3.08 - $4.48$3.76
Multi-Stage$5.63 - $6.16$5.89
Blended Fair Value$4.83
Current Price$2.03
Upside137.69%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.10%-3.66%0.190.190.190.190.200.230.250.260.270.28
YoY Growth---0.39%0.00%-2.02%-5.22%-12.30%-7.32%-4.58%-4.91%-2.04%3.06%
Dividend Yield--8.61%10.27%10.45%7.59%9.67%9.02%10.48%9.09%11.13%11.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)43.20
(-) Cash Dividends Paid (M)38.30
(=) Cash Retained (M)4.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.645.403.24
Cash Retained (M)4.894.894.89
(-) Cash Required (M)-8.64-5.40-3.24
(=) Excess Retained (M)-3.75-0.511.65
(/) Shares Outstanding (M)103.55103.55103.55
(=) Excess Retained per Share-0.040.000.02
LTM Dividend per Share0.370.370.37
(+) Excess Retained per Share-0.040.000.02
(=) Adjusted Dividend0.330.370.39
WACC / Discount Rate8.61%8.61%8.61%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.08$3.76$4.48
Upside / Downside51.92%85.34%120.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)43.2042.7642.3441.9141.4941.0842.31
Payout Ratio88.67%88.94%89.20%89.47%89.73%90.00%92.50%
Projected Dividends (M)38.3038.0337.7737.5037.2336.9739.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.61%8.61%8.61%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)34.6735.0235.37
Year 2 PV (M)31.3732.0232.67
Year 3 PV (M)28.4029.2730.17
Year 4 PV (M)25.7026.7627.86
Year 5 PV (M)23.2624.4725.73
PV of Terminal Value (M)439.27462.14485.96
Equity Value (M)582.66609.69637.76
Shares Outstanding (M)103.55103.55103.55
Fair Value$5.63$5.89$6.16
Upside / Downside177.19%190.05%203.41%

High-Yield Dividend Screener

« Prev Page 137 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600191.SSBaotou Huazi Industry Co., Ltd0.06%$0.019.61%
600288.SSDaheng New Epoch Technology Inc.0.06%$0.018.37%
600486.SSJiangsu Yangnong Chemical Co., Ltd.0.06%$0.041.25%
600490.SSPengxin International Mining Co.,Ltd0.06%$0.004.03%
600615.SSChongqing Fenghwa Group Co., Ltd.0.06%$0.0115.34%
600654.SSChina Security Co., Ltd.0.06%$0.003.19%
603068.SSBeken Corporation0.06%$0.0219.57%
603328.SSGuangdong Ellington Electronics Technology Co.,Ltd0.06%$0.011.50%
605080.SSZhejiang Natural Outdoor Goods Inc.0.06%$0.010.98%
688017.SSLeader Harmonious Drive Systems Co., Ltd.0.06%$0.1225.12%
688585.SSSwancor Advanced Materials Co., Ltd.0.06%$0.0734.27%
688696.SSChengdu Xgimi Technology Co.,Ltd.0.06%$0.071.87%
AAIF.Labrdn Asian Income Fund Limited0.06%$0.1636.85%
AKSGY.ISAkis Gayrimenkul Yatirim Ortakligi A.S.0.06%$0.000.27%
ALTF.TAAltshuler Shaham Finance Ltd0.06%$0.4273.06%
BAKK.LBakkavor Group plc0.06%$0.1587.07%
BLV.LBelvoir Group PLC0.06%$0.1744.51%
BNZL.LBunzl plc0.06%$1.2647.00%
BRIG.LBlackRock Income and Growth Investment Trust plc0.06%$0.1468.68%
BWY.LBellway p.l.c.0.06%$1.6970.03%
CAPD.LCapital Limited0.06%$0.0724.60%
CASP.LCaspian Sunrise plc0.06%$0.0025.15%
CSSG.LCroma Security Solutions Group plc0.06%$0.0446.50%
DNET.JKPT Indoritel Makmur Internasional Tbk.0.06%$5.006.08%
DWHA.LDewhurst Group Plc0.06%$0.3625.82%
ELSPC.TAElspec Engineering Ltd0.06%$0.2580.53%
EPWN.LEpwin Group Plc0.06%$0.0737.55%
ETGA.TAETGA Group Ltd0.06%$1.5589.99%
FIBIH.TAF.I.B.I. Holdings Ltd0.06%$16.9241.38%
HSL.LThe Henderson Smaller Companies Investment Trust plc0.06%$0.5070.94%
HSX.LHiscox Ltd0.06%$0.7720.38%
HVO.LhVIVO plc0.06%$0.0012.02%
IBT.LInternational Biotechnology Trust plc0.06%$0.6157.78%
IDIN.TAI.D.I. Insurance Company Ltd.0.06%$14.7568.21%
IGG.LIG Group Holdings plc0.06%$0.8131.08%
IHP.LIntegraFin Holdings plc0.06%$0.2167.29%
ITRK.LIntertek Group plc0.06%$2.6664.13%
IVPU.LInvesco Perpetual Select Trust plc - UK Equity Share Portfolio0.06%$0.1235.31%
JMI.LJPMorgan UK Smaller Companies Investment Trust Plc0.06%$0.1623.47%
JUGI.LJPMorgan UK Small Cap Growth & Income Plc0.06%$0.2053.22%
LAACLithium Americas (Argentina) Corp.0.06%$0.000.02%
LWDB.LThe Law Debenture Corporation p.l.c.0.06%$0.6628.04%
MGRO.JKPT Mahkota Group Tbk0.06%$0.437.88%
MTVW.LMountview Estates PLC0.06%$5.2542.08%
NAWI.TANawi Brothers Group Ltd0.06%$3.2846.36%
NTN.LNorthern 3 VCT PLC0.06%$0.0576.12%
PSON.LPearson plc0.06%$0.6353.29%
RCDO.LRicardo plc0.06%$0.2449.35%
RMKE.JKPT RMK Energy Tbk0.06%$3.506.74%
SALM.OLSalMar ASA0.06%$0.364.26%