SmarterDividends
IAF

Abrdn Australia Equity Fund Inc

IAF

Financial Services · Asset Management · Stock · quarterly payer

$12.50

Undervalued · +26% Add to Portfolio

Forward Yield

11.60%

Annual Dividend

$1.45

Payout Ratio

84%

5-Yr Growth

-0.9%

Ex-Date

Aug 24, 2026

Frequency

Quarterly

Key facts about IAF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Abrdn Australia Equity Fund Inc (IAF) has a forward dividend yield of 11.60%, based on an annual dividend of $1.45 per share and a share price of $12.50.
  • As of Oct 18, 2026, IAF's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • IAF last cut its regular dividend in 2024.
  • IAF's most recent ex-dividend date was Aug 24, 2026, for a dividend of $0.35 per share.
  • As of Oct 18, 2026, IAF pays out 84% of its trailing 12-month earnings as dividends (its payout ratio).
  • IAF's dividend has shrunk at an average rate of 0.9% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for IAF is $15.75 per share, 26% above the $12.50 share price, so IAF screens as undervalued.
  • Abrdn Australia Equity Fund Inc (IAF) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "IAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/IAF

Summary

As of Oct 18, 2026, Abrdn Australia Equity Fund Inc (IAF) yields 11.60% ($1.45 a year per share) and has a dividend safety grade of C (62/100).

Is IAF a good dividend stock?

Yes, with caveats

Abrdn Australia Equity Fund Inc (IAF) pays a quarterly dividend yielding 11.60% ($1.45/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

    Risks

    • Cut its dividend in 2024
    • 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
    11.60%
    Payout Ratio
    84%
    Annual Dividend
    $1.45
    5-Yr Avg Growth
    -0.9%
    Ex-Dividend Date
    Aug 24, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.11
    Market Cap
    $119.8M
    P/E Ratio
    7.2
    5-Yr Total Return
    -29%
    52-Week Range
    $11.76 – $14.54
    Dividend Safety
    C · 62/100
    Ever Cut?
    Yes (2024)

    IAF dividend changes

    Abrdn Australia Equity Fund Inc (IAF) pays a variable dividend: across the 138 payments on record since 1987, 41 were higher than the one before and 47 lower. The latest change was down 2.8% to $0.350 per share, going ex-dividend on Aug 24, 2026.

    Ex-dateChangeOld → newMove
    Aug 24, 2026Lower$0.360 → $0.350−2.8%
    Feb 20, 2026Lower$0.380 → $0.360−5.3%
    Nov 21, 2025Higher$0.360 → $0.380+5.6%
    Feb 21, 2025Lower$0.390 → $0.360−7.7%
    Nov 21, 2024Higher$0.360 → $0.390+8.3%
    Feb 21, 2024Higher$0.330 → $0.360+9.1%
    Nov 21, 2023Lower$0.360 → $0.330−8.3%
    Aug 23, 2023Lower$0.390 → $0.360−7.7%
    Feb 17, 2023Higher$0.360 → $0.390+8.3%
    Nov 21, 2022Lower$0.390 → $0.360−7.7%
    Aug 23, 2022Lower$0.450 → $0.390−13.3%
    Feb 18, 2022Lower$0.480 → $0.450−6.2%
    Every IAF payment →Download every raise and cut (CSV)
    IAF ex-dividend date & scheduleNext ex-date Aug 24, 2026 · full ex-dividend historyView →IAF dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is IAF a good dividend stock?

    Yes, with caveats. Abrdn Australia Equity Fund Inc (IAF) pays a quarterly dividend yielding 11.60% ($1.45/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.

    Is IAF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IAF's fair value is about $15.75 versus a $12.50 share price — so it looks undervalued (+26% vs. fair value).

    Is IAF's dividend safe?

    IAF has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is IAF's fair value?

    Our blended fair-value estimate for IAF is about $15.75 per share, roughly 26% above the current $12.50 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is IAF a buy, hold, or sell?

    We don't issue formal ratings, but on the data IAF screens as "yes, with caveats" and undervalued. Abrdn Australia Equity Fund Inc (IAF) pays a quarterly dividend yielding 11.60% ($1.45/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. This is research for your own analysis, not investment advice.

    Will IAF cut its dividend?

    IAF earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does IAF pay a dividend?

    Yes. Abrdn Australia Equity Fund Inc pays a quarterly dividend of about $1.45 per share annually, a forward yield of roughly 11.60%.

    What is IAF's dividend yield?

    As of Oct 18, 2026, IAF's forward dividend yield is 11.60%, based on a $1.45 annual dividend and a $12.50 share price.

    What is IAF's dividend per share?

    As of Oct 18, 2026, IAF pays $1.45 per share per year, distributed on a quarterly basis.

    What is IAF's dividend payout ratio?

    As of Oct 18, 2026, IAF's payout ratio is 84% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has IAF grown its dividend?

    IAF does not currently have a long dividend-growth streak on record.

    When is the next IAF ex-dividend date?

    As of Oct 18, 2026, IAF's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $0.35 per share.

    Income Calculator

    At $1.45 / yr per share

    Per payment (quarterly)$36.25
    Annual$145.00
    Monthly avg$12.08

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