Is Corporate Backed Trust stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Corporate Backed Trust pays dividends. Last time was Thursday 15th of August 2024 where the investors holding the stock on Wednesday 14th of August 2024 were paid $0.79313 per share. Over the last 49 times between 2004 and 2024, Corporate Backed Trust has paid $29.97549 with an average of $0.61 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Corporate Backed Trust 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $28.74, you would have made a loss of $-2.38 per share or -8.28%
No, the average daily trading liquidity for Corporate Backed Trust is $384 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.
Corporate Backed Trust has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Corporate Backed Trust to be low [0 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.