Is Abrdn Income Credit stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Abrdn Income Credit pays dividends. Last time was Monday 1st of July 2024 where the investors holding the stock on Friday 21st of June 2024 were paid $0.32813 per share. Over the last 6 times between 2023 and 2024, Abrdn Income Credit has paid $1.96878 with an average of $0.33 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Abrdn Income Credit 10 years ago, but if you had invested on Tuesday 4th of May 2021 when the price was $26.10, you would have made a loss of $-2.51 per share or -9.62%
No, the average daily trading liquidity for Abrdn Income Credit is $1 435 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Abrdn Income Credit has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.06, the company's ability to pay off the debt is good. Abrdn Income Credit has a very good net profit margin of 4 740.67% and should have very high tolerances against inflation.
We have calculated the inflation risk for Abrdn Income Credit to be low [0.15 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.