Abrdn Asia-Pacific Income Fund Inc
FAXFinancial Services · Stock · monthly payer
Forward Yield
13.81%
Annual Dividend
$1.98
Payout Ratio
196%
5-Yr Growth
-0.4%
Ex-Date
Jul 23, 2026
Frequency
Monthly
Summary
As of July 2026, Abrdn Asia-Pacific Income Fund Inc (FAX) yields 13.81% ($1.98 per share annually), with a blended fair-value estimate of $34.37 — +140% upside, so it screens as undervalued. Dividend safety grade: C (54/100).
Is FAX a good dividend stock?
MixedAbrdn Asia-Pacific Income Fund Inc (FAX) pays a monthly dividend yielding 13.81% ($1.98/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2019
- Elevated payout ratio (196%)
- 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
- 13.81%
- Payout Ratio
- 196%
- Annual Dividend
- $1.98
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Jul 23, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.54
- Market Cap
- $599.0M
- P/E Ratio
- 14.4
- 5-Yr Total Return
- -44%
- 52-Week Range
- $14.13 – $16.90
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
FAX Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
-9%
5 Years
-44%
52-Week Range
$14.13 – $16.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FAX worth?
Undervaluedlow confidenceOur blended fair-value estimate for Abrdn Asia-Pacific Income Fund Inc is $34.37 per share, versus a market price of $14.34. That implies 140% of upside — a margin of safety of about 58%.
Fair Value
$34.37
Current Price
$14.34
Upside
+140%
Margin of Safety
58%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -0.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -0.4% stage-1 growth, 2.5% terminal growth, $1.01 EPS, $1.98 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FAX 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.1650 | regular |
| May 22, 2026 | — | $0.1650 | regular |
| Apr 22, 2026 | — | $0.1650 | regular |
| Mar 24, 2026 | — | $0.1650 | regular |
| Feb 20, 2026 | — | $0.1650 | regular |
| Jan 23, 2026 | — | $0.1650 | regular |
| Dec 31, 2025 | — | $0.1650 | regular |
| Nov 21, 2025 | — | $0.1650 | regular |
| Oct 24, 2025 | — | $0.1650 | regular |
| Sep 23, 2025 | — | $0.1650 | regular |
| Aug 22, 2025 | — | $0.1650 | regular |
| Jul 24, 2025 | — | $0.1650 | regular |
| Jun 23, 2025 | — | $0.1650 | regular |
| May 22, 2025 | — | $0.1650 | regular |
Income Calculator
At $1.98 / yr per share
