Is Western Asset 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, Western Asset High Income pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Monday 23rd of September 2024 were paid $0.049 per share. Over the last 312 times between 1998 and 2024, Western Asset High Income has paid $25.2555 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Western Asset High Income 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $6.68, you would have made a loss of $-2.27 per share or -33.98%
Yes, the average daily trading liquidity for Western Asset High Income is $484 201 thousand. You should therefore be able to get in and out of your positions relatively fast.
Western Asset High Income has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.11, the company's ability to pay off the debt is normal. Western Asset High Income has a very good net profit margin of 794.38% and should have very high tolerances against inflation.
We have calculated the inflation risk for Western Asset High Income to be low [0.45 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.