Abrdn Income Credit Strategies Fund

NYSE:ACP Stock Report

Market Cap: US$336.6m

Abrdn Income Credit Strategies Fund Dividend

Dividend criteria checks 2/6

Abrdn Income Credit Strategies Fund is a dividend paying company with a current yield of 18.58%.

Key information

18.6%

Dividend yield

222%

Payout ratio

Industry average yield2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$0.54
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

ACP: Strong Sell Despite 17% Distribution Rate

Jan 03

ACP: About To Get Larger Again (Rating Downgrade)

Oct 25

ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds

Sep 06

abrdn Income Credit Strategies Fund  declares $0.10 dividend

Feb 10

ACP: Time To Take Some Profits On This 15% Yielding CEF

Jan 30

Aberdeen Income Credit Strategies Fund goes ex dividend on monday

Jan 20

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

Dec 12

ACP: High Yield From International Sources

Dec 06

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

Nov 10

Aberdeen Income Credit Strategies Fund goes ex dividend tomorrow

Oct 20

ACP: 30% Return In 2 Years If You Can Stomach Volatility

Sep 20

Aberdeen Income Credit Strategies Fund: High Yield, High Risk, Diversified Bond CEF

Aug 11

ACP - Still A Sell At These Levels

Mar 10

ACP Has Been Good To Us; Now It's Time To Say Good-Bye

Jan 11

Credit Investing (Part 2): Focus On ACP And FCT

Sep 23

ACP: Rights Offering Post-Mortem

Jul 01

ACP: Rights Offering Analysis

May 28

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

May 10

Aberdeen Income Credit Strategies Fund launches preferred shares offering

Apr 28

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

Jan 12

Aberdeen Income Credit Strategies Fund declares $0.10 dividend

Dec 09

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ACP's dividend payments have been volatile in the past 10 years.

Growing Dividend: ACP's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Abrdn Income Credit Strategies Fund Dividend Yield vs Market
How does ACP dividend yield compare to the market?
SegmentDividend Yield
Company (ACP)18.6%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Capital Markets)2.3%
Analyst forecast in 3 Years (ACP)n/a

Notable Dividend: ACP's dividend (18.58%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: ACP's dividend (18.58%) is in the top 25% of dividend payers in the US market (4.7%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (222%), ACP's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ACP is paying a dividend but the company has no free cash flows.

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