SmarterDividends
IAF

Abrdn Australia Equity Fund Inc

IAF

Financial Services · Stock · quarterly payer

Forward Yield

11.67%

Annual Dividend

$1.46

Payout Ratio

101%

5-Yr Growth

-0.8%

Ex-Date

May 21, 2026

Frequency

Quarterly

IAF Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage101% of earnings paid out
Balance-sheet strengthDebt/equity of 0.07
Yield vs its historyYield in line with its history

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

Is IAF a good dividend stock?

Mixed

Abrdn Australia Equity Fund Inc (IAF) pays a quarterly dividend yielding 11.67% ($1.46/yr), with 1 year 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 2024
    • Elevated payout ratio (101%)
    • 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
    11.67%
    Payout Ratio
    101%
    Annual Dividend
    $1.46
    5-Yr Avg Growth
    -0.8%
    Ex-Dividend Date
    May 21, 2026
    Years of Growth
    1
    Frequency
    quarterly
    Beta
    1.08
    Market Cap
    $119.9M
    P/E Ratio
    8.6
    5-Yr Total Return
    -36%
    52-Week Range
    $11.76 – $14.54
    Dividend Safety
    C · 55/100
    Ever Cut?
    Yes (2024)
    IAF ex-dividend date & scheduleNext ex-date May 21, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.46 / yr per share

    Per payment (quarterly)$36.50
    Annual$146.00
    Monthly avg$12.17