
Abrdn Asia-Pacific Income Fund Inc
FAXFinancial Services · Stock · monthly payer
Forward Yield
13.14%
Annual Dividend
$1.80
Payout Ratio
196%
5-Yr Growth
-0.4%
Ex-Date
Sep 22, 2026
Frequency
Monthly
Summary
As of September 2026, Abrdn Asia-Pacific Income Fund Inc (FAX) yields 13.14% ($1.80 per share annually), with a blended fair-value estimate of $33.13 — +138% upside, so it screens as undervalued. Dividend safety grade: C (56/100).
Is FAX a good dividend stock?
MixedAbrdn Asia-Pacific Income Fund Inc (FAX) pays a monthly dividend yielding 13.14% ($1.80/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
- 13.14%
- Payout Ratio
- 196%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Sep 22, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.54
- Market Cap
- $554.6M
- P/E Ratio
- 13.3
- 5-Yr Total Return
- -45%
- 52-Week Range
- $13.68 – $16.85
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
FAX Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-3%
5 Years
-45%
52-Week Range
$13.68 – $16.85
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 $33.13 per share, versus a market price of $13.92. That implies 138% of upside — a margin of safety of about 58%.
Fair Value
$33.13
Current Price
$13.92
Upside
+138%
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, $1.80 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
Full FAX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 22, 2026 | — | $0.1500 | regular |
| Aug 24, 2026 | — | $0.1650 | regular |
| Jul 23, 2026 | — | $0.1650 | regular |
| 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 |
Income Calculator
At $1.80 / yr per share
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