Angel Oak Strategic Credit Fund
ASCIXStock · monthly payer
Forward Yield
8.64%
Annual Dividend
$1.76
Payout Ratio
—
5-Yr Growth
-0.5%
Ex-Date
—
Frequency
Monthly
Key facts about ASCIX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Angel Oak Strategic Credit Fund (ASCIX) has a forward dividend yield of 8.64%, based on an annual dividend of $1.76 per share and a share price of $20.42.
- As of Oct 18, 2026, ASCIX's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
- ASCIX last cut its regular dividend in 2023.
- ASCIX's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.16 per share.
- ASCIX's dividend has shrunk at an average rate of 0.5% a year over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ASCIX is $23.09 per share, 13% above the $20.42 share price, so ASCIX screens as fairly valued.
- Angel Oak Strategic Credit Fund (ASCIX) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "ASCIX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ASCIX
Summary
As of Oct 18, 2026, Angel Oak Strategic Credit Fund (ASCIX) yields 8.64% ($1.76 a year per share) and has a dividend safety grade of C (61/100).
Is ASCIX a good dividend stock?
Yes, with caveatsAngel Oak Strategic Credit Fund (ASCIX) pays a monthly dividend yielding 8.64% ($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
- 8.64%
- Payout Ratio
- —
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- -0.5%
- Ex-Dividend Date
- —
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -12%
- 52-Week Range
- —
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2023)
ASCIX dividend changes
Angel Oak Strategic Credit Fund (ASCIX) pays a variable dividend: across the 110 payments on record since 2017, 55 were higher than the one before and 38 lower. The latest change was up 8.1% to $0.160 per share, going ex-dividend on Sep 30, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 30, 2026 | Higher | $0.148 → $0.160 | +8.1% |
| Aug 31, 2026 | Higher | $0.144 → $0.148 | +2.8% |
| Jul 31, 2026 | Higher | $0.140 → $0.144 | +2.9% |
| Jun 30, 2026 | Lower | $0.144 → $0.140 | −2.8% |
| May 29, 2026 | Higher | $0.139 → $0.144 | +3.6% |
| Apr 30, 2026 | Higher | $0.129 → $0.139 | +7.8% |
| Jan 30, 2026 | Lower | $0.189 → $0.130 | −31.2% |
| Dec 31, 2025 | Higher | $0.144 → $0.189 | +31.3% |
| Nov 28, 2025 | Lower | $0.150 → $0.144 | −4.0% |
| Oct 31, 2025 | Higher | $0.143 → $0.150 | +4.9% |
| Sep 30, 2025 | Lower | $0.148 → $0.143 | −3.4% |
| Aug 29, 2025 | Lower | $0.150 → $0.148 | −1.3% |
Frequently Asked Questions
Is ASCIX a good dividend stock?
Yes, with caveats. Angel Oak Strategic Credit Fund (ASCIX) pays a monthly dividend yielding 8.64% ($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.
Is ASCIX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ASCIX's fair value is about $23.09 versus a $20.42 share price — so it looks fairly valued (+13% vs. fair value).
Is ASCIX's dividend safe?
ASCIX has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is ASCIX's fair value?
Our blended fair-value estimate for ASCIX is about $23.09 per share, roughly 13% above the current $20.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ASCIX a buy, hold, or sell?
We don't issue formal ratings, but on the data ASCIX screens as "yes, with caveats" and fairly valued. Angel Oak Strategic Credit Fund (ASCIX) pays a monthly dividend yielding 8.64% ($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. This is research for your own analysis, not investment advice.
Will ASCIX cut its dividend?
ASCIX earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ASCIX pay a dividend?
Yes. Angel Oak Strategic Credit Fund pays a monthly dividend of about $1.76 per share annually, a forward yield of roughly 8.64%.
What is ASCIX's dividend yield?
As of Oct 18, 2026, ASCIX's forward dividend yield is 8.64%, based on a $1.76 annual dividend and a $20.42 share price.
What is ASCIX's dividend per share?
As of Oct 18, 2026, ASCIX pays $1.76 per share per year, distributed on a monthly basis.
How many years has ASCIX grown its dividend?
As of Oct 18, 2026, ASCIX has increased its dividend for 1 consecutive years.
When is the next ASCIX ex-dividend date?
As of Oct 18, 2026, ASCIX's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.16 per share.
ASCIX Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-1%
5 Years
-12%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASCIX worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Angel Oak Strategic Credit Fund is $23.09 per share, versus a market price of $20.42. That implies the stock is roughly fairly priced.
Fair Value
$23.09
Current Price
$20.42
Gap
+13%
Margin of Safety
12%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASCIX Dividend Safety Score
Borderline
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
Dividend History
Full ASCIX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Sep 30, 2026 | $0.1600 | regular |
| Aug 31, 2026 | Aug 31, 2026 | $0.1480 | regular |
| Jul 31, 2026 | Jul 31, 2026 | $0.1440 | regular |
| Jun 30, 2026 | Jun 30, 2026 | $0.1400 | regular |
| May 29, 2026 | May 29, 2026 | $0.1440 | regular |
| Apr 30, 2026 | Apr 30, 2026 | $0.1390 | regular |
| Mar 31, 2026 | Mar 31, 2026 | $0.1470 | regular |
| Feb 27, 2026 | Feb 27, 2026 | $0.1290 | regular |
| Jan 30, 2026 | Jan 30, 2026 | $0.1300 | regular |
| Dec 31, 2025 | Dec 31, 2025 | $0.1890 | regular |
| Nov 28, 2025 | Nov 28, 2025 | $0.1440 | regular |
| Oct 31, 2025 | Oct 31, 2025 | $0.1500 | regular |
| Sep 30, 2025 | Sep 30, 2025 | $0.1430 | regular |
| Aug 29, 2025 | Aug 29, 2025 | $0.1480 | regular |
Income Calculator
At $1.76 / yr per share
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