Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

The New America High Income Fund Inc. (HYB)

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

Valuation Snapshot

Stable Growth$5.53 - $7.71$6.62
Multi-Stage$10.29 - $11.28$10.77
Blended Fair Value$8.70
Current Price$7.33
Upside18.64%
DecisionDon't Buy

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 Rate9.10%9.10%9.10%
Growth Rate-3.92%-2.92%-1.92%
Fair Value$5.53$6.62$7.71
Upside / Downside-24.59%-9.73%5.16%

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 Rate9.10%9.10%9.10%
Growth Rate-3.92%-2.92%-1.92%
Year 1 PV (M)23.1923.4323.67
Year 2 PV (M)22.0022.4622.93
Year 3 PV (M)20.7721.4222.09
Year 4 PV (M)19.5120.3421.19
Year 5 PV (M)18.2619.2320.24
PV of Terminal Value (M)317.03333.87351.43
Equity Value (M)420.76440.76461.55
Shares Outstanding (M)40.9140.9140.91
Fair Value$10.29$10.77$11.28
Upside / Downside40.33%47.00%53.93%

High-Yield Dividend Screener

« Prev Page 41 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5271.KLPecca Group Berhad3.89%$0.0781.04%
8183.TWOInfo-Tek Corporation3.89%$1.3053.03%
BDMS-R.BKBangkok Dusit Medical Services Public Company Limited3.89%$0.7572.62%
DANHOS13.MXFibra Danhos3.89%$1.0936.98%
FPE.DEFuchs Petrolub SE3.89%$1.1751.86%
S63.SISingapore Technologies Engineering Ltd3.89%$0.3372.94%
SONIC.BKSonic Interfreight Public Company Limited3.89%$0.0633.00%
0QMW.LKuehne + Nagel International AG3.88%$9.9598.58%
600861.SSFESCO Group Co., Ltd.3.88%$0.7134.85%
CIV.PACaisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative3.88%$4.0518.13%
DIR-UN.TODream Industrial Real Estate Investment Trust3.88%$0.4965.95%
GGBR3.SAGerdau S.A.3.88%$0.6845.15%
HMC.AXHMC Capital Limited3.88%$0.1611.87%
000728.SZGuoyuan Securities Company Limited3.87%$0.3252.50%
2145.HKShanghai Chicmax Cosmetic Co., Ltd.3.87%$2.6964.24%
600025.SSHuaneng Lancang River Hydropower Inc.3.87%$0.3575.95%
603970.SSSino-Agri Leading Biosciences Co.,Ltd3.87%$0.5074.51%
6509.TWOTaiwan Hopax Chems.Mfg.Co.,Ltd.3.87%$1.2549.65%
AKZA.ASAkzo Nobel N.V.3.87%$2.3195.66%
1763.HKChina Isotope & Radiation Corporation3.86%$0.8332.12%
600761.SSAnhui Heli Co.,Ltd.3.86%$0.8153.66%
605337.SSZhe Jiang Li Zi Yuan Food Co.,Ltd.3.86%$0.4692.31%
BOSS.DEHugo Boss AG3.86%$1.4043.29%
GOFORE.HEGofore Oyj3.86%$0.5283.77%
LOGO.ISLogo Yazilim Sanayi ve Ticaret A.S.3.86%$5.9443.46%
PKTM.VIPIERER Mobility AG3.86%$0.583.67%
SICT.BKSilicon Craft Technology Public Company Limited3.86%$0.0951.68%
000591.SZCECEP Solar Energy Co.,Ltd.3.85%$0.1763.11%
0QKI.LSwisscom AG3.85%$22.0191.35%
215200.KQMegaStudyEdu Co. Ltd3.85%$1,569.9734.80%
2163.TArtner Co.,Ltd.3.85%$81.5765.08%
3265.TWOWinstek Semiconductor Co., Ltd.3.85%$4.8095.49%
6301.TKomatsu Ltd.3.85%$192.6642.48%
9563.SRBena Steel Industries Co.3.85%$1.5884.07%
CPN-R.BKCentral Pattana Public Company Limited3.85%$2.1257.57%
000080.KSHITEJINRO Co., Ltd.3.84%$700.2055.98%
601921.SSZhejiang Publishing & Media Co., Ltd.3.84%$0.3051.98%
9945.TWRuentex Development Co.,Ltd.3.84%$1.1433.31%
AGUAS-A.SNAguas Andinas S.A.3.84%$14.2270.41%
TNKTeekay Tankers Ltd.3.84%$1.9821.29%
WALMEX.MXWal-Mart de México, S.A.B. de C.V.3.84%$2.1674.07%
000810.KSSamsung Fire & Marine Insurance Co., Ltd.3.83%$19,037.8640.33%
0QPW.LZug Estates Holding AG3.83%$85.0029.91%
9910.TWFeng Tay Enterprises Co., Ltd.3.83%$4.3186.98%
CTC-A.TOCanadian Tire Corporation, Limited3.83%$6.7249.69%
LOR.DEL'Oréal S.A.3.83%$13.9859.38%
SOBOSouth Bow Corporation3.83%$1.0769.36%
0799.HKIGG Inc3.82%$0.1512.76%
105630.KSHansae Co., Ltd.3.82%$500.3039.98%
SIX2.DESixt SE3.82%$2.7144.65%