Strats(SM) Trust For Allstate Corp Securities, Series 2006-3 06-3 ASSET BKD
GJTStock · monthly payer
Forward Yield
4.98%
Annual Dividend
$1.17
Payout Ratio
—
5-Yr Growth
42.3%
Ex-Date
—
Frequency
Monthly
Summary
As of July 2026, Strats(SM) Trust For Allstate Corp Securities, Series 2006-3 06-3 ASSET BKD (GJT) yields 4.98% ($1.17 per share annually), with a blended fair-value estimate of $26.20 — +11% upside, so it screens as fairly valued. Dividend safety grade: C (58/100).
Is GJT a good dividend stock?
Yes, with caveatsStrats(SM) Trust For Allstate Corp Securities, Series 2006-3 06-3 ASSET BKD (GJT) pays a monthly dividend yielding 4.98% ($1.17/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 42.3% 5-yr dividend growth
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 4.98%
- Payout Ratio
- —
- Annual Dividend
- $1.17
- 5-Yr Avg Growth
- 42.3%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 15%
- 52-Week Range
- $22.05 – $23.75
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
GJT Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
+9%
5 Years
+15%
52-Week Range
$22.05 – $23.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GJT worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Strats(SM) Trust For Allstate Corp Securities, Series 2006-3 06-3 ASSET BKD is $26.20 per share, versus a market price of $23.65. That implies the stock is roughly fairly priced.
Fair Value
$26.20
Current Price
$23.65
Gap
+11%
Margin of Safety
10%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GJT 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 30, 2026 | — | $0.0940 | regular |
| May 29, 2026 | — | $0.0930 | regular |
| Apr 30, 2026 | — | $0.0940 | regular |
| Mar 31, 2026 | — | $0.0930 | regular |
| Feb 27, 2026 | — | $0.0930 | regular |
| Jan 30, 2026 | — | $0.0930 | regular |
| Dec 31, 2025 | — | $0.0960 | regular |
| Nov 28, 2025 | — | $0.0960 | regular |
| Oct 31, 2025 | — | $0.0990 | regular |
| Sep 30, 2025 | — | $0.1040 | regular |
| Aug 29, 2025 | — | $0.1070 | regular |
| Jul 31, 2025 | — | $0.1070 | regular |
| Jun 30, 2025 | — | $0.1080 | regular |
| May 30, 2025 | — | $0.1060 | regular |
Income Calculator
At $1.17 / yr per share
