Is First Trust High Income stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, First Trust High Income pays dividends. Last time was Monday 15th of July 2024 where the investors holding the stock on Monday 1st of July 2024 were paid $0.05103 per share. Over the last 164 times between 2010 and 2024, First Trust High Income has paid $18.19963 with an average of $0.11 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for First Trust High Income 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $15.37, you would have made a loss of $-3.15 per share or -20.49%
Yes, the average daily trading liquidity for First Trust High Income is $133 525 thousand. You should therefore be able to get in and out of your positions relatively fast.
First Trust High Income 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 normal cash flow to debt ratio of 0.13, the company's ability to pay off the debt is normal. First Trust High Income has a very good net profit margin of 112.40% and should have very high tolerances against inflation.
We have calculated the inflation risk for First Trust High Income to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.