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 yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
ACP: Strong Sell Despite 17% Distribution Rate
Jan 03ACP: About To Get Larger Again (Rating Downgrade)
Oct 25ACP Vs. FCO: Comparing Abrdn's 14% And 17% Yielding Credit Funds
Sep 06abrdn Income Credit Strategies Fund declares $0.10 dividend
Feb 10ACP: Time To Take Some Profits On This 15% Yielding CEF
Jan 30Aberdeen Income Credit Strategies Fund goes ex dividend on monday
Jan 20Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Dec 12ACP: High Yield From International Sources
Dec 06Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Nov 10Aberdeen Income Credit Strategies Fund goes ex dividend tomorrow
Oct 20ACP: 30% Return In 2 Years If You Can Stomach Volatility
Sep 20Aberdeen Income Credit Strategies Fund: High Yield, High Risk, Diversified Bond CEF
Aug 11ACP - Still A Sell At These Levels
Mar 10ACP Has Been Good To Us; Now It's Time To Say Good-Bye
Jan 11Credit Investing (Part 2): Focus On ACP And FCT
Sep 23ACP: Rights Offering Post-Mortem
Jul 01ACP: Rights Offering Analysis
May 28Aberdeen Income Credit Strategies Fund declares $0.10 dividend
May 10Aberdeen Income Credit Strategies Fund launches preferred shares offering
Apr 28Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Jan 12Aberdeen Income Credit Strategies Fund declares $0.10 dividend
Dec 09Stability 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 |
---|
Segment | Dividend 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.