SmarterDividends
ASCI

Angel Oak Strategic Credit Fund

ASCIX

Stock · monthly payer

Forward Yield

8.49%

Annual Dividend

$1.76

Payout Ratio

5-Yr Growth

-1.4%

Ex-Date

Frequency

Monthly

ASCIX Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
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 ASCIX a good dividend stock?

Yes, with caveats

Angel Oak Strategic Credit Fund (ASCIX) pays a monthly dividend yielding 8.49% ($1.76/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2023
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    8.49%
    Payout Ratio
    Annual Dividend
    $1.76
    5-Yr Avg Growth
    -1.4%
    Ex-Dividend Date
    Years of Growth
    1
    Frequency
    monthly
    Beta
    Market Cap
    P/E Ratio
    5-Yr Total Return
    -10%
    52-Week Range
    Dividend Safety
    C · 60/100
    Ever Cut?
    Yes (2023)
    ASCIX ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.76 / yr per share

    Per payment (monthly)$14.65
    Annual$175.80
    Monthly avg$14.65