SmarterDividends
ACP

Abrdn Income Credit Strategies Fund

ACP

Financial Services · Stock · monthly payer

Forward Yield

17.78%

Annual Dividend

$0.93

Payout Ratio

289%

5-Yr Growth

-7.9%

Ex-Date

May 21, 2026

Frequency

Monthly

ACP Dividend Safety Score

48/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage289% of earnings paid out
Balance-sheet strengthDebt/equity of 0.33
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ACP a good dividend stock?

Mixed

Abrdn Income Credit Strategies Fund (ACP) pays a monthly dividend yielding 17.78% ($0.93/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (289%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    17.78%
    Payout Ratio
    289%
    Annual Dividend
    $0.93
    5-Yr Avg Growth
    -7.9%
    Ex-Dividend Date
    May 21, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.77
    Market Cap
    $656.2M
    P/E Ratio
    15.8
    5-Yr Total Return
    -53%
    52-Week Range
    $4.99 – $5.99
    Dividend Safety
    D · 48/100
    Ever Cut?
    Yes (2025)
    ACP ex-dividend date & scheduleNext ex-date May 21, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.93 / yr per share

    Per payment (monthly)$7.75
    Annual$93.00
    Monthly avg$7.75