Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

BlackRock Credit Allocation Income Trust (BTZ)

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

Valuation Snapshot

Stable Growth$10.55 - $15.56$12.95
Multi-Stage$24.83 - $27.28$26.03
Blended Fair Value$19.49
Current Price$10.92
Upside78.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.92%-1.06%1.011.011.011.001.020.920.920.971.071.12
YoY Growth---0.18%-0.02%0.48%-1.37%11.19%-0.24%-5.62%-9.26%-4.28%-0.07%
Dividend Yield--9.39%9.52%9.80%7.99%6.93%6.55%7.65%7.50%8.21%9.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)126.78
(-) Cash Dividends Paid (M)117.59
(=) Cash Retained (M)9.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)25.3615.859.51
Cash Retained (M)9.199.199.19
(-) Cash Required (M)-25.36-15.85-9.51
(=) Excess Retained (M)-16.17-6.66-0.32
(/) Shares Outstanding (M)93.3293.3293.32
(=) Excess Retained per Share-0.17-0.070.00
LTM Dividend per Share1.261.261.26
(+) Excess Retained per Share-0.17-0.070.00
(=) Adjusted Dividend1.091.191.26
WACC / Discount Rate6.93%6.93%6.93%
Growth Rate-3.06%-2.06%-1.06%
Fair Value$10.55$12.95$15.56
Upside / Downside-3.42%18.59%42.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)126.78124.17121.61119.10116.65114.24117.67
Payout Ratio92.75%92.20%91.65%91.10%90.55%90.00%92.50%
Projected Dividends (M)117.59114.49111.46108.50105.62102.82108.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.93%6.93%6.93%
Growth Rate-3.06%-2.06%-1.06%
Year 1 PV (M)105.97107.07108.16
Year 2 PV (M)95.5097.4899.48
Year 3 PV (M)86.0688.7591.49
Year 4 PV (M)77.5580.7984.15
Year 5 PV (M)69.8773.5577.38
PV of Terminal Value (M)1,882.611,981.742,085.00
Equity Value (M)2,317.562,429.382,545.66
Shares Outstanding (M)93.3293.3293.32
Fair Value$24.83$26.03$27.28
Upside / Downside127.41%138.38%149.79%

High-Yield Dividend Screener

« Prev Page 55 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AUAngloGold Ashanti Plc2.92%$2.5056.24%
000529.SZGuangdong Guanghong Holdings Co.,Ltd.2.91%$0.1898.46%
0383.HKTian An Medicare Limited2.91%$0.0360.45%
105560.KSKB Financial Group Inc.2.91%$3,590.2922.69%
3899.HKCIMC Enric Holdings Limited2.91%$0.2825.59%
BIMAS.ISBIM Birlesik Magazalar A.S.2.91%$15.7864.92%
000951.SZSinotruk Jinan Truck Co., Ltd.2.90%$0.4935.94%
002541.SZAnhui Honglu Steel Construction(Group) Co. Ltd.2.90%$0.4853.40%
060720.KQKHVATEC Co.,Ltd.2.90%$330.7846.02%
0950.HKLee's Pharmaceutical Holdings Limited2.90%$0.0527.09%
0QLK.LHypothekarbank Lenzburg AG2.90%$115.2519.90%
0RMP.LBanque Cantonale de Genève S.A.2.90%$0.7111.87%
600167.SSLuenmei Quantum Co.,Ltd2.90%$0.2065.26%
IBAB.BRIon Beam Applications S.A.2.90%$0.3844.34%
METCO.BKMuramoto Electron (Thailand) Public Company Limited2.90%$8.0015.20%
002852.SZDaodaoquan Grain and Oil Co.,Ltd.2.89%$0.3037.22%
005680.KSSamyoung Electronics Co., Ltd2.89%$300.7749.07%
600526.SSZhejiang Feida Environmental Science & Technology Co., Ltd.2.89%$0.1548.23%
601377.SSIndustrial Securities Co.,Ltd.2.89%$0.2155.11%
688697.SSNeway CNC Equipment (Suzhou) Co., Ltd.2.89%$0.4466.80%
7738.TWOEui2.89%$5.5039.18%
AMXB.MXAmérica Móvil, S.A.B. de C.V.2.89%$0.5443.68%
OMASP.HEOma Säästöpankki Oyj2.89%$0.3625.24%
001200.KSEugene Investment & Securities Co.,Ltd.2.88%$99.9214.37%
002310.KSAsia Paper Manufacturing.Co.,Ltd2.88%$224.2442.56%
3357.TWOTAI-TECH Advanced Electronics Co., Ltd.2.88%$4.6148.95%
600496.SSChangjiang & Jinggong Steel Building (Group) Co., Ltd2.88%$0.1242.56%
603043.SSGuangzhou Restaurant Group Company Limited2.88%$0.5157.82%
PAXPatria Investments Limited2.88%$0.4666.16%
000528.SZGuangxi Liugong Machinery Co., Ltd.2.87%$0.3451.00%
2233.HKWest China Cement Limited2.87%$0.0938.77%
600660.SSFuyao Glass Industry Group Co., Ltd.2.87%$1.8653.34%
603579.SSShanghai Rongtai Health Technology Corporation Limited2.87%$0.6877.63%
EIF.TOExchange Income Corporation2.87%$2.3593.13%
000403.SZPacific Shuanglin Bio-pharmacy Co., Ltd.2.86%$0.3966.45%
002637.SZZanyu Technology Group Co., Ltd.2.86%$0.2980.65%
008260.KSNi Steel Co.,Ltd2.86%$99.9615.43%
0434.HKBoyaa Interactive International Limited2.86%$0.108.21%
0839.HKChina Education Group Holdings Limited2.86%$0.0977.39%
2949.TWOH.H.Galaxy Co., Ltd.2.86%$1.9353.15%
600480.SSLing Yun Industrial Corporation Limited2.86%$0.3556.75%
603373.SSAnbang Save-Guard Group Co.,Ltd.2.86%$1.0990.20%
603380.SSSuzhou Etron Technologies Co.,Ltd.2.86%$1.0977.96%
C09.SICity Developments Limited2.86%$0.2317.08%
0IKK.LDigia Oyj2.85%$0.1939.95%
4432.TWingArc1st Inc.2.85%$103.6268.51%
603998.SSHunan Fangsheng Pharmaceutical Co., Ltd.2.85%$0.3247.62%
FAGR.BRFagron N.V.2.85%$0.6227.65%
SKR.BKSikarin Public Company Limited2.85%$0.2061.04%
TPX-B.TOMolson Coors Canada Inc.2.85%$1.8635.97%