SmarterDividends
ASB

Associated Banc-Corp

ASB

Financial Services · Banks - Regional · Stock · quarterly payer

$28.96

Undervalued · +66% Add to Portfolio

Forward Yield

3.31%

Annual Dividend

$0.96

Payout Ratio

33%

5-Yr Growth

5.3%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about ASB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Associated Banc-Corp (ASB) has a forward dividend yield of 3.31%, based on an annual dividend of $0.96 per share and a share price of $28.96.
  • As of Oct 18, 2026, ASB's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Associated Banc-Corp (ASB) has raised its dividend for 14 consecutive years as of Oct 18, 2026.
  • ASB last cut its regular dividend in 2010.
  • ASB's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.24 per share.
  • As of Oct 18, 2026, ASB pays out 33% of its trailing 12-month earnings as dividends (its payout ratio).
  • ASB's dividend has grown at an average rate of 5.3% a year over the past five years.
  • As of Oct 18, 2026, ASB's 3.31% yield is 16% below its five-year average yield of 3.93%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ASB is $48.16 per share, 66% above the $28.96 share price, so ASB screens as undervalued.
  • Associated Banc-Corp (ASB) pays its dividend quarterly, 4 times a year.
  • Associated Banc-Corp (ASB) has raised its regular dividend 39 times and cut it 2 times across the 162 payments on record since 1986. Its most recent change was a 4.3% increase to $0.240 per share, going ex-dividend on Dec 1, 2025. The last cut went ex-dividend on Feb 4, 2010.
Cite this page

SmarterDividends, "ASB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ASB

Summary

As of Oct 18, 2026, Associated Banc-Corp (ASB) yields 3.31% ($0.96 a year per share), has a dividend safety grade of A (87/100) and has 14 consecutive years of dividend increases on record.

Is ASB a good dividend stock?

Yes

Associated Banc-Corp (ASB) pays a quarterly dividend yielding 3.31% ($0.96/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 14 consecutive years of dividend growth
  • Comfortable payout ratio (33%)
  • Strong 5.3% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2010

Key Data

Dividend Yield
3.31%
Payout Ratio
33%
Annual Dividend
$0.96
5-Yr Avg Growth
5.3%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.81
Market Cap
$5.5B
P/E Ratio
10.1
5-Yr Total Return
32%
52-Week Range
$23.87 – $32.46
Dividend Safety
A · 87/100
Ever Cut?
Yes (2010)

ASB dividend raises and cuts

Associated Banc-Corp (ASB) has raised its regular dividend 39 times and cut it 2 times across the 162 payments on record since 1986. Its most recent change was a 4.3% increase to $0.240 per share, going ex-dividend on Dec 1, 2025. The last cut went ex-dividend on Feb 4, 2010.

Ex-dateChangeOld → newMove
Dec 1, 2025Raise$0.230 → $0.240+4.3%
Dec 2, 2024Raise$0.220 → $0.230+4.5%
Nov 30, 2023Raise$0.210 → $0.220+4.8%
Nov 30, 2022Raise$0.200 → $0.210+5.0%
Aug 31, 2021Raise$0.180 → $0.200+11.1%
Nov 29, 2019Raise$0.170 → $0.180+5.9%
Nov 30, 2018Raise$0.150 → $0.170+13.3%
Feb 28, 2018Raise$0.140 → $0.150+7.1%
Nov 30, 2017Raise$0.120 → $0.140+16.7%
Nov 29, 2016Raise$0.110 → $0.120+9.1%
Nov 27, 2015Raise$0.100 → $0.110+10.0%
Nov 26, 2014Raise$0.0900 → $0.100+11.1%
Show all 41 changes since 1986
Ex-dateChangeOld → newMove
Nov 27, 2013Raise$0.0800 → $0.0900+12.5%
Nov 29, 2012Raise$0.0500 → $0.0800+60.0%
Feb 28, 2012Raise$0.0100 → $0.0500+400.0%
Feb 4, 2010Cut$0.0500 → $0.0100−80.0%
May 5, 2009Cut$0.320 → $0.0500−84.4%
May 5, 2008Raise$0.310 → $0.320+3.2%
May 3, 2007Raise$0.290 → $0.310+6.9%
May 4, 2006Raise$0.270 → $0.290+7.4%
May 5, 2005Raise$0.250 → $0.270+8.0%
May 14, 2004Raise$0.227 → $0.250+10.3%
Apr 29, 2003Raise$0.207 → $0.227+9.7%
May 1, 2002Raise$0.188 → $0.207+10.0%
Apr 27, 2001Raise$0.176 → $0.188+6.9%
Jul 28, 2000Raise$0.160 → $0.176+10.0%
Jul 31, 1998Raise$0.128 → $0.160+25.0%
May 2, 1997Raise$0.107 → $0.128+20.0%
May 2, 1996Raise$0.0992 → $0.107+7.4%
Aug 3, 1995Raise$0.0793 → $0.0992+25.0%
May 2, 1994Raise$0.0735 → $0.0793+8.0%
Nov 2, 1993Raise$0.0668 → $0.0735+10.0%
Feb 2, 1993Raise$0.0588 → $0.0668+13.6%
Jul 29, 1992Raise$0.0534 → $0.0588+10.0%
May 1, 1991Raise$0.0481 → $0.0534+11.1%
Jul 31, 1990Raise$0.0437 → $0.0481+10.0%
Oct 30, 1989Raise$0.0389 → $0.0437+12.5%
Apr 28, 1989Raise$0.0340 → $0.0389+14.3%
May 3, 1988Raise$0.0291 → $0.0340+16.7%
Aug 3, 1987Raise$0.0265 → $0.0291+10.0%
May 2, 1986Raise$0.0243 → $0.0265+9.1%
ASB ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →ASB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ASB a good dividend stock?

Yes. Associated Banc-Corp (ASB) pays a quarterly dividend yielding 3.31% ($0.96/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ASB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ASB's fair value is about $48.16 versus a $28.96 share price — so it looks undervalued (+66% vs. fair value).

Is ASB's dividend safe?

ASB has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 14-year growth streak, a dividend cut in 2010, debt and yield-versus-history.

What is ASB's fair value?

Our blended fair-value estimate for ASB is about $48.16 per share, roughly 66% above the current $28.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ASB a buy, hold, or sell?

We don't issue formal ratings, but on the data ASB screens as "yes" and undervalued. Associated Banc-Corp (ASB) pays a quarterly dividend yielding 3.31% ($0.96/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ASB cut its dividend?

ASB earns a dividend-safety grade of A (87/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ASB pay a dividend?

Yes. Associated Banc-Corp pays a quarterly dividend of about $0.96 per share annually, a forward yield of roughly 3.31%.

What is ASB's dividend yield?

As of Oct 18, 2026, ASB's forward dividend yield is 3.31%, based on a $0.96 annual dividend and a $28.96 share price.

What is ASB's dividend per share?

As of Oct 18, 2026, ASB pays $0.96 per share per year, distributed on a quarterly basis.

What is ASB's dividend payout ratio?

As of Oct 18, 2026, ASB's payout ratio is 33% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ASB grown its dividend?

As of Oct 18, 2026, ASB has increased its dividend for 14 consecutive years.

When is the next ASB ex-dividend date?

As of Oct 18, 2026, ASB's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.24 per share.