SmarterDividends
GRF

Eagle Capital Growth Fund (GRF) Dividend

Eagle Capital Growth Fund, Inc. · Financial Services · Asset Management · annual payer

$10.00

Undervalued · +136% Add to Portfolio

As of Nov 8, 2026, Eagle Capital Growth Fund (GRF) pays an annual dividend of $0.85 per share, or $0.85 a year, a 8.50% yield at its $10.00 share price. It pays once a year, usually in December. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

8.50%

Annual Dividend

$0.85

Payout Ratio

86%

5-Yr Growth

9.1%

Ex-Date

Nov 21, 2025

Frequency

Annual

Key facts about GRF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Eagle Capital Growth Fund, Inc. (GRF) has a forward dividend yield of 8.50%, based on an annual dividend of $0.85 per share and a share price of $10.00.
  • As of Nov 8, 2026, GRF's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Eagle Capital Growth Fund, Inc. (GRF) has raised its dividend for 2 consecutive years as of Nov 8, 2026.
  • GRF last cut its regular dividend in 2023.
  • GRF's most recent ex-dividend date was Nov 21, 2025, for a dividend of $0.85 per share.
  • As of Nov 8, 2026, GRF pays out 86% of its trailing 12-month earnings as dividends (its payout ratio).
  • GRF's dividend has grown at an average rate of 9.1% a year over the past five years.
  • As of Nov 8, 2026, GRF's 8.50% yield is 23% above its five-year average yield of 6.92%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for GRF is $23.65 per share, 136% above the $10.00 share price, so GRF screens as undervalued.
  • Eagle Capital Growth Fund, Inc. (GRF) pays its dividend annual, once a year.
Cite this page

SmarterDividends, "GRF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/GRF

Is GRF a good dividend stock?

Mixed

Eagle Capital Growth Fund, Inc. (GRF) pays a annual dividend yielding 8.50% ($0.85/yr), with 2 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

  • Strong 9.1% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (86%)
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.50%
Payout Ratio
86%
Annual Dividend
$0.85
5-Yr Avg Growth
9.1%
Ex-Dividend Date
Nov 21, 2025
Years of Growth
2
Frequency
annual
Beta
0.24
Market Cap
$39.7M
P/E Ratio
10.1
5-Yr Total Return
19%
52-Week Range
$9.50 – $11.85
Dividend Safety
C · 50/100
Ever Cut?
Yes (2023)

GRF dividend changes

Eagle Capital Growth Fund, Inc. (GRF) pays a variable dividend: across the 23 payments on record since 2004, 11 were higher than the one before and 6 lower. The latest change was up 25.0% to $0.850 per share, going ex-dividend on Nov 21, 2025.

Ex-dateChangeOld → newMove
Nov 21, 2025Higher$0.680 → $0.850+25.0%
Nov 29, 2024Higher$0.350 → $0.680+94.3%
Nov 22, 2023Lower$0.370 → $0.350−5.4%
Nov 17, 2022Lower$0.550 → $0.370−32.7%
Dec 3, 2020Higher$0.0740 → $0.550+643.2%
Nov 21, 2019Lower$0.530 → $0.0740−86.0%
Nov 21, 2018Higher$0.510 → $0.530+3.9%
Nov 22, 2017Higher$0.112 → $0.510+355.4%
Nov 21, 2016Lower$0.500 → $0.112−77.6%
Nov 19, 2015Higher$0.370 → $0.500+35.1%
Dec 10, 2014Higher$0.360 → $0.370+2.8%
Dec 13, 2012Higher$0.280 → $0.360+28.6%
Every GRF payment →Download every raise and cut (CSV)
GRF ex-dividend date & scheduleNext ex-date Nov 21, 2025 · full ex-dividend historyView →GRF dividend historyEvery payment, totals by year, raises and cutsView →GRF dividend calculator100 shares pay $85.00 a year, $85.00 each yearCalculate →GRF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is GRF a good dividend stock?

Mixed. Eagle Capital Growth Fund, Inc. (GRF) pays a annual dividend yielding 8.50% ($0.85/yr), with 2 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.

Is GRF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GRF's fair value is about $23.65 versus a $10.00 share price — so it looks undervalued (+136% vs. fair value).

Is GRF's dividend safe?

GRF has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is GRF's fair value?

Our blended fair-value estimate for GRF is about $23.65 per share, roughly 136% above the current $10.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GRF a buy, hold, or sell?

We don't issue formal ratings, but on the data GRF screens as "mixed" and undervalued. Eagle Capital Growth Fund, Inc. (GRF) pays a annual dividend yielding 8.50% ($0.85/yr), with 2 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. This is research for your own analysis, not investment advice.

Will GRF cut its dividend?

GRF earns a dividend-safety grade of C (50/100), 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 GRF pay a dividend?

Yes. Eagle Capital Growth Fund, Inc. pays a annual dividend of about $0.85 per share annually, a forward yield of roughly 8.50%.

How much dividend does 100 shares of GRF pay?

At $0.85 per share a year, 100 shares of GRF pay $85.00 a year in dividends before tax, about $85.00 each year. Buying them costs about $1,000 at the Nov 8, 2026 price.

What is GRF's dividend yield?

As of Nov 8, 2026, GRF's forward dividend yield is 8.50%, based on a $0.85 annual dividend and a $10.00 share price.

What is GRF's dividend per share?

As of Nov 8, 2026, GRF pays $0.85 per share per year, distributed on a annual basis.

What is GRF's dividend payout ratio?

As of Nov 8, 2026, GRF's payout ratio is 86% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has GRF grown its dividend?

As of Nov 8, 2026, GRF has increased its dividend for 2 consecutive years.

When is the next GRF ex-dividend date?

As of Nov 8, 2026, GRF's next ex-dividend date hasn't been announced. The most recent was Nov 21, 2025, for $0.85 per share.

Income Calculator

At $0.85 / yr per share

Per payment (annual)$85.00
Annual$85.00
Monthly avg$7.08
Full GRF dividend calculator →

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