Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

First Trust Senior Floating Rate Income Fund II (FCT)

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

Valuation Snapshot

Stable Growth$14.46 - $22.04$18.01
Multi-Stage$31.26 - $34.36$32.78
Blended Fair Value$25.40
Current Price$9.91
Upside156.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS3.90%3.05%0.930.930.710.781.000.770.600.630.680.72
YoY Growth--0.00%31.30%-8.55%-22.58%30.22%29.07%-4.86%-7.78%-6.10%4.86%
Dividend Yield--9.40%8.89%7.42%7.11%8.02%6.94%4.97%4.82%4.99%5.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)53.10
(-) Cash Dividends Paid (M)35.80
(=) Cash Retained (M)17.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)10.626.643.98
Cash Retained (M)17.3017.3017.30
(-) Cash Required (M)-10.62-6.64-3.98
(=) Excess Retained (M)6.6810.6613.32
(/) Shares Outstanding (M)32.4832.4832.48
(=) Excess Retained per Share0.210.330.41
LTM Dividend per Share1.101.101.10
(+) Excess Retained per Share0.210.330.41
(=) Adjusted Dividend1.311.431.51
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate-2.00%-1.00%0.00%
Fair Value$14.46$18.01$22.04
Upside / Downside45.96%81.78%122.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)53.1052.5752.0451.5251.0150.5052.01
Payout Ratio67.42%71.94%76.45%80.97%85.48%90.00%92.50%
Projected Dividends (M)35.8037.8139.7941.7243.6045.4548.11

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.86%6.86%6.86%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)35.0335.3935.74
Year 2 PV (M)34.1434.8435.55
Year 3 PV (M)33.1634.1835.23
Year 4 PV (M)32.1133.4434.81
Year 5 PV (M)31.0032.6134.29
PV of Terminal Value (M)849.89894.14940.22
Equity Value (M)1,015.321,064.601,115.85
Shares Outstanding (M)32.4832.4832.48
Fair Value$31.26$32.78$34.36
Upside / Downside215.45%230.76%246.68%

High-Yield Dividend Screener

« Prev Page 67 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DAB.CODanske Andelskassers Bank A/S2.24%$0.4437.84%
KBSB.MEPJSC TNS energo Kuban2.24%$17.9936.50%
002179.SZAVIC Jonhon Optronic Technology Co.,Ltd.2.23%$0.7965.31%
1083.HKTowngas Smart Energy Company Limited2.23%$0.0811.47%
192080.KSDoubleUGames Co., Ltd.2.23%$1,217.6314.93%
300791.SZSirio Pharma Co., Ltd.2.23%$0.5851.03%
603012.SSShanghai Chuangli Group Co., Ltd.2.23%$0.1354.71%
603987.SSShanghai Kindly Enterprise Development Group Co.,LTD.2.23%$0.1934.34%
6070.SRAl-Jouf Agricultural Development Co.2.23%$0.9836.81%
GCG-A.TOGuardian Capital Group Limited2.23%$1.5020.18%
IPN.PAIpsen S.A.2.23%$2.5919.16%
TYA.MIToscana Aeroporti S.p.A.2.23%$0.4242.81%
137310.KSSD BioSensor, Inc2.22%$201.4921.35%
3569.TSeiren Co.,Ltd.2.22%$68.0426.55%
601901.SSFounder Securities Co., Ltd.2.22%$0.1735.28%
603609.SSWellhope Foods Co., Ltd.2.22%$0.1675.23%
688016.SSShanghai MicroPort Endovascular MedTech Co., Ltd.2.22%$2.0365.07%
7034.KLThong Guan Industries Berhad2.22%$0.0317.13%
9436.TOkinawa Cellular Telephone Company2.22%$62.9045.77%
IEI.VImperial Equities Inc.2.22%$0.0813.05%
ISKJ.MEPublic Joint-Stock Company "Human Stem Cells Institute"2.22%$1.5289.44%
LKD.WALokum Deweloper S.A.2.22%$0.5034.19%
MEDICAB.MXMédica Sur, S.A.B. de C.V.2.22%$1.3129.76%
TKC.BKTurnkey Communication Services Public Company Limited2.22%$0.2068.90%
0696.HKTravelSky Technology Limited2.21%$0.2318.19%
183190.KSAsia Cement Co.,Ltd.2.21%$264.7821.44%
300673.SZPetpal Pet Nutrition Technology Co., Ltd.2.21%$0.4068.30%
4292.SRAtaa Educational Company2.21%$1.3066.22%
4519.TChugai Pharmaceutical Co., Ltd.2.21%$182.1975.49%
5607.TWFarglory F T Z Investment Holding Co.,Ltd.2.21%$1.0841.76%
600062.SSChina Resources Double-Crane Pharmaceutical Co.,Ltd.2.21%$0.4026.61%
603288.SSFoshan Haitian Flavouring and Food Company Ltd.2.21%$0.8269.84%
7864.TFuji Seal International, Inc.2.21%$69.4123.64%
BLES.JKSuperior Prima Sukses Tbk.2.21%$3.6028.62%
ELI.BRElia Group SA/NV2.21%$2.4830.58%
NTEK-B.STNovotek AB2.21%$1.8026.45%
SWEC-A.STSweco AB (publ)2.21%$3.2854.95%
069960.KSHyundai Department Store Co. Ltd.2.20%$1,867.6522.60%
300415.SZGuangdong Yizumi Precision Machinery Co.,Ltd.2.20%$0.5738.08%
3176.TSanyo Trading Co., Ltd.2.20%$32.8020.58%
3227.TWOPixArt Imaging Inc.2.20%$4.5234.58%
600030.SSCITIC Securities Company Limited2.20%$0.6333.43%
603345.SSAnjoy Foods Group Co., Ltd.2.20%$1.7441.75%
603693.SSJiangsu New Energy Development Co., Ltd.2.20%$0.2660.61%
6508.TMeidensha Corporation2.20%$122.7830.24%
8002.TMarubeni Corporation2.20%$95.6227.63%
9059.KLTSH Resources Berhad2.20%$0.0315.65%
JCQ.PAJacquet Metals S.A.2.20%$0.4494.90%
OLT.OLOlav Thon Eiendomsselskap ASA2.20%$7.3330.72%
001216.SZHunan Hualian China Industry Co., Ltd.2.19%$0.3841.88%