Eagle Capital Growth Fund, Inc.
GRFFinancial Services · Stock · annual payer
Forward Yield
8.22%
Annual Dividend
$0.85
Payout Ratio
85%
5-Yr Growth
9.1%
Ex-Date
Nov 21, 2025
Frequency
Annual
Summary
As of September 2026, Eagle Capital Growth Fund, Inc. (GRF) yields 8.22% ($0.85 per share annually), with a blended fair-value estimate of $31.98 — +209% upside, so it screens as undervalued. Dividend safety grade: C (54/100). 2 years of dividend growth.
Is GRF a good dividend stock?
MixedEagle Capital Growth Fund, Inc. (GRF) pays a annual dividend yielding 8.22% ($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
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.22%
- Payout Ratio
- 85%
- Annual Dividend
- $0.85
- 5-Yr Avg Growth
- 9.1%
- Ex-Dividend Date
- Nov 21, 2025
- Years of Growth
- 2
- Frequency
- annual
- Beta
- 0.23
- Market Cap
- $40.4M
- P/E Ratio
- 10.2
- 5-Yr Total Return
- 12%
- 52-Week Range
- $9.60 – $11.85
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
GRF Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+23%
5 Years
+12%
52-Week Range
$9.60 – $11.85
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GRF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Eagle Capital Growth Fund, Inc. is $31.98 per share, versus a market price of $10.34. That implies 209% of upside — a margin of safety of about 68%.
Fair Value
$31.98
Current Price
$10.34
Upside
+209%
Margin of Safety
68%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.00 EPS, $0.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GRF 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 |
|---|---|---|---|
| Nov 21, 2025 | — | $0.8500 | regular |
| Nov 29, 2024 | — | $0.6800 | regular |
| Nov 22, 2023 | — | $0.3500 | regular |
| Nov 17, 2022 | — | $0.3700 | regular |
| Nov 18, 2021 | — | $0.9700 | regular |
| Dec 3, 2020 | — | $0.5500 | regular |
| Nov 21, 2019 | — | $0.0740 | regular |
| Nov 21, 2018 | — | $0.5300 | regular |
| Nov 22, 2017 | — | $0.5100 | regular |
| Nov 21, 2016 | — | $0.1120 | regular |
| Nov 19, 2015 | — | $0.5000 | regular |
| Dec 10, 2014 | — | $0.3700 | regular |
| Dec 11, 2013 | — | $1.0200 | regular |
| Dec 13, 2012 | — | $0.3600 | regular |
Income Calculator
At $0.85 / yr per share
