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Definitive Analysis

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Page: Dividend Discount Model

Credit Suisse Asset Management Income Fund, Inc.

Ticker: CIK | Industry: Asset Management - Income | Sector: Financial Services
$2.87 +0.02 (0.70%)
As of: 2026-01-15

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$2.09 - $2.54$2.32
Multi-Stage DDM$1.79 - $1.99$1.89
Blended Fair Value$2.10
Stock Price$2.80

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS0.2680.2680.2680.2680.2700.2700.2490.2590.0000.000
YoY %0.17%-0.13%0.17%-0.88%0.00%8.46%-3.77%0.00%0.00%0.00%
Yield9.578%9.562%9.574%9.558%9.643%9.643%8.891%9.239%0.000%0.000%

CAGRValue
5 Year-0.13%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-11.76% to -9.76%-10.76%
WACC9.00%9.00%
Fair Value$2.09 - $2.54$2.32

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income14.9814.9814.98
(=) Cash Required3.001.871.12
Cash Retained14.9814.9814.98
(-) Cash Required-3.00-1.87-1.12
(=) Excess Retained11.9913.1113.86
(/) Shares Outstanding53,510,04653,510,04653,510,046
(=) Excess Retained per Share0.220.250.26
LTM Dividend per Share0.2680.2680.268
(+) Excess Retained per Share0.220.250.26
(=) Adjusted Dividend0.4920.5130.527

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income14.9813.3711.9310.659.508.48
Payout Ratio95.8%25.0%41.0%57.0%73.0%90.0%
Projected Dividends14.353.344.896.076.947.63

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV3.173.203.24
Year 2 PV4.204.304.40
Year 3 PV4.734.895.06
Year 4 PV4.905.135.36
Year 5 PV4.895.185.48
TV PV73.9378.2282.70
Equity Value95.83100.92106.23
Fair Value$1.79$1.89$1.99
Stock Price$2.80$2.80$2.80

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