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$3.60 - $5.45$4.47
Multi-Stage$7.69 - $8.44$8.06
Blended Fair Value$6.27
Current Price$2.03
Upside208.71%
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 Rate7.08%7.08%7.08%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.60$4.47$5.45
Upside / Downside77.42%120.29%168.45%

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 Rate7.08%7.08%7.08%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)35.1635.5235.88
Year 2 PV (M)32.2732.9433.60
Year 3 PV (M)29.6230.5431.48
Year 4 PV (M)27.1928.3229.48
Year 5 PV (M)24.9626.2627.61
PV of Terminal Value (M)647.48681.19716.30
Equity Value (M)796.69834.77874.35
Shares Outstanding (M)103.55103.55103.55
Fair Value$7.69$8.06$8.44
Upside / Downside279.02%297.13%315.96%

High-Yield Dividend Screener

« Prev Page 91 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9104.TMitsui O.S.K. Lines, Ltd.1.23%$57.816.75%
BATR.JKBenteng Api Technic Tbk.1.23%$1.4036.27%
PAAL-B.COPer Aarsleff Holding A/S1.23%$10.7225.18%
000715.SZZhongxing Shenyang Commercial Building Group Co.,Ltd1.22%$0.0836.61%
002130.SZShenZhen Woer Heat-Shrinkable Material Co.,Ltd.1.22%$0.3239.58%
0133.HKChina Merchants China Direct Investments Limited1.22%$0.1914.27%
0564.HKZCZL Industrial Technology Group Company Limited Class H1.22%$0.2610.61%
0GMG.LAddnode Group AB (publ)1.22%$1.1440.63%
2376.HKLushang Life Services Co., Ltd.1.22%$0.036.51%
300251.SZBeijing Enlight Media Co., Ltd.1.22%$0.2026.99%
300263.SZLonghua Technology Group Co.,Ltd.1.22%$0.1161.13%
301132.SZJi'an Mankun Technology Co., Ltd.1.22%$0.4144.02%
600983.SSWhirlpool China Co., Ltd.1.22%$0.1219.14%
601799.SSChangzhou Xingyu Automotive Lighting Systems Co.,Ltd.1.22%$1.5027.12%
TFBANK.STTF Bank AB (publ)1.22%$1.9717.64%
TOTS3.SATotvs S.a.1.22%$0.5036.80%
003017.SZZhejiang Dayang Biology Technology Co.,Ltd.1.21%$0.3632.30%
003028.SZGenbyte Technology Inc.1.21%$0.3635.28%
086450.KQDongKook Pharmaceutical Co., Ltd.1.21%$206.6315.20%
300003.SZLepu Medical Technology (Beijing) Co., Ltd.1.21%$0.1983.02%
3648.TAGS Corporation1.21%$15.9116.60%
3687.TFixstars Corporation1.21%$18.9128.89%
600222.SSHenan Taloph Pharmaceutical Stock Co.,Ltd1.21%$0.0893.49%
600378.SSHaohua Chemical Science & Technology Corp., Ltd.1.21%$0.3934.67%
600575.SSHuaihe Energy (Group) Co.,Ltd1.21%$0.0420.84%
601101.SSBeijing Haohua Energy Resource Co., Ltd.1.21%$0.0926.44%
601198.SSDongxing Securities Corporation Limited1.21%$0.1724.60%
6944.TWOMega Union Technology Inc.1.21%$8.4522.42%
ERFEnerplus Corporation1.21%$0.2412.97%
GYLD-A.COGyldendal A/S1.21%$20.0044.02%
002007.SZHualan Biological Engineering Inc.1.20%$0.1835.04%
002140.KSKorea Industrial Co., Ltd.1.20%$30.037.91%
002185.SZTianshui Huatian Technology Co., Ltd.1.20%$0.1353.46%
002273.SZZhejiang Crystal-Optech Co., Ltd1.20%$0.3036.00%
002315.SZFocus Technology Co., Ltd.1.20%$0.5534.23%
002516.SZKuangda Technology Group Co., Ltd.1.20%$0.0865.15%
002534.SZXizi Clean Energy Equipment Manufacturing Co.,ltd.1.20%$0.2087.30%
0425.HKMinth Group Limited1.20%$0.409.99%
2630.TWAir Asia Co., Ltd.1.20%$0.6260.94%
2802.TAjinomoto Co., Inc.1.20%$39.9250.21%
300562.SZGuangdong Transtek Medical Electronics Co., Ltd1.20%$0.1645.17%
603680.SSKTK Group Co., Ltd.1.20%$0.1828.61%
6078.HKHygeia Healthcare Holdings Co., Limited1.20%$0.158.82%
BYGGP.STByggPartner Gruppen AB (publ)1.20%$0.5021.08%
GFH.AEGFH Financial Group BSC1.20%$0.0377.14%
NDA.DEAurubis AG1.20%$1.5112.24%
002171.SZAnhui Truchum Advanced Materials and Technology Co., Ltd.1.19%$0.1642.58%
002241.SZGoertek Inc.1.19%$0.3440.79%
002752.SZSunrise Group Company Limited1.19%$0.0826.12%
002893.SZBeijing Jingneng Thermal Co. Ltd. Class A1.19%$0.1342.82%