Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Western Asset High Income Fund II Inc. (HIX)

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

Valuation Snapshot

Stable Growth$5.73 - $8.62$7.09
Multi-Stage$12.03 - $13.19$12.60
Blended Fair Value$9.85
Current Price$4.08
Upside141.33%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS1.86%-2.91%0.530.390.360.330.430.480.470.500.600.65
YoY Growth--35.06%6.81%12.09%-24.33%-10.36%2.92%-7.08%-16.54%-7.27%-8.30%
Dividend Yield--12.90%8.98%7.63%6.05%6.07%8.71%6.97%7.66%8.10%9.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)68.10
(-) Cash Dividends Paid (M)65.45
(=) Cash Retained (M)2.65
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13.628.515.11
Cash Retained (M)2.652.652.65
(-) Cash Required (M)-13.62-8.51-5.11
(=) Excess Retained (M)-10.97-5.86-2.46
(/) Shares Outstanding (M)100.60100.60100.60
(=) Excess Retained per Share-0.11-0.06-0.02
LTM Dividend per Share0.650.650.65
(+) Excess Retained per Share-0.11-0.06-0.02
(=) Adjusted Dividend0.540.590.63
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate-2.00%-1.00%0.00%
Fair Value$5.73$7.09$8.62
Upside / Downside40.36%73.84%111.17%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)68.1067.4266.7566.0865.4264.7766.71
Payout Ratio96.11%94.89%93.67%92.44%91.22%90.00%92.50%
Projected Dividends (M)65.4563.9862.5261.0959.6858.2961.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)59.0459.6460.24
Year 2 PV (M)53.2454.3355.44
Year 3 PV (M)48.0149.4951.01
Year 4 PV (M)43.2845.0746.92
Year 5 PV (M)39.0141.0443.16
PV of Terminal Value (M)967.561,017.951,070.41
Equity Value (M)1,210.141,267.531,327.18
Shares Outstanding (M)100.60100.60100.60
Fair Value$12.03$12.60$13.19
Upside / Downside194.84%208.82%223.35%

High-Yield Dividend Screener

« Prev Page 79 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600082.SSTianjin Hi-Tech Development Co.,Ltd.1.68%$0.0772.77%
603815.SSAnhui Gourgen Traffic Construction Co.,Ltd.1.68%$0.1245.85%
7280.TMitsuba Corporation1.68%$17.578.76%
8985.TJapan Hotel REIT Investment Corporation1.68%$1,370.9717.79%
002836.SZGuangdong New Grand Long Packing Co., Ltd.1.67%$0.2597.86%
2419.HKDekon Food & Agriculture Group1.67%$1.167.76%
5357.TYotai Refractories Co., Ltd.1.67%$30.3125.15%
600312.SSHenan Pinggao Electric Co.,Ltd.1.67%$0.2934.28%
600933.SSIKD Co., Ltd.1.67%$0.3431.46%
603259.SSWuXi AppTec Co., Ltd.1.67%$1.5231.50%
688580.SSNanjing Vishee Medical Technology Co., Ltd1.67%$0.8161.33%
8359.TThe Hachijuni Bank, Ltd.1.67%$28.2722.23%
9597.SRLeaf Global Environmental Services Co.1.67%$0.5625.93%
BBMD.JKPT Bank Mestika Dharma Tbk1.67%$34.2540.25%
ELN.MIEL.En. S.p.A.1.67%$0.2325.56%
HARB-B.COHarboes Bryggeri A/S1.67%$2.0018.85%
HARVIA.HEHarvia Oyj1.67%$0.7256.92%
NORBT.OLNorbit ASA1.67%$2.9950.40%
002240.KSKiswire Ltd.1.66%$350.6518.13%
011780.KSKumho Petrochemical Co., Ltd.1.66%$1,950.8219.35%
0QI7.LAddtech AB (publ.)1.66%$3.2043.14%
1346.HKLever Style Corporation1.66%$0.0247.86%
1789.HKAK Medical Holdings Limited1.66%$0.1022.23%
273640.KQYM Tech Co., Ltd.1.66%$139.5629.02%
300039.SZShanghai Kaibao Pharmaceutical CO.,Ltd1.66%$0.1030.28%
603231.SSSolbar Ningbo Protein Technology Co., Ltd.1.66%$0.3032.96%
688575.SSShenzhen YHLO Biotech Co., Ltd.1.66%$0.2493.71%
AKBNK.ISAkbank T.A.S.1.66%$1.2213.20%
TFIITFI International Inc.1.66%$1.7745.37%
002124.SZTech-Bank Food Co., Ltd.1.65%$0.0526.60%
002978.SZSichuan Anning Iron and Titanium Co.,Ltd.1.65%$0.5431.99%
009470.KSSamwha Electric Co.,Ltd.1.65%$500.1426.53%
009900.KSMyoung Shin Industrial Co.,Ltd1.65%$149.459.10%
0743.HKAsia Cement (China) Holdings Corporation1.65%$0.0425.13%
0HDQ.LSynergie SE1.65%$0.509.05%
1308.HKSITC International Holdings Company Limited1.65%$0.4666.51%
2273.HKGushengtang Holdings Limited1.65%$0.4819.04%
300750.SZContemporary Amperex Technology Co., Limited1.65%$6.0743.20%
300856.SZNanjing COSMOS Chemical Co., Ltd.1.65%$0.2283.60%
300932.SZSanyou Corporation Limited1.65%$0.2084.47%
323410.KSKakaoBank Corp.1.65%$360.2837.33%
5101.TThe Yokohama Rubber Co., Ltd.1.65%$99.2824.61%
601228.SSGuangzhou Port Company Limited1.65%$0.0545.08%
603193.SSRunben Biotechnology1.65%$0.4052.98%
603312.SSSuzhou W Deane New Power Elec1.65%$0.7741.51%
9542.SRKeir International Co.1.65%$0.0723.35%
CEVI.STCellaVision AB (publ)1.65%$2.5039.38%
SIISprott Inc.1.65%$1.6761.40%
ZUE.WAZUE S.A.1.65%$0.2151.75%
2758.TWOLouisa Professional Coffee Ltd.1.64%$1.5047.97%