Credit-Enhanced Corts Trust Aon
KTNStock · semiannual payer
Forward Yield
8.03%
Annual Dividend
$2.06
Payout Ratio
—
5-Yr Growth
-0.1%
Ex-Date
Dec 31, 2026
Frequency
Semiannual
Key facts about KTN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Credit-Enhanced Corts Trust Aon (KTN) has a forward dividend yield of 8.03%, based on an annual dividend of $2.06 per share and a share price of $25.62.
- As of Oct 19, 2026, KTN's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
- KTN last cut its regular dividend in 2022.
- KTN's next ex-dividend date is Dec 31, 2026, with payment on Jan 4, 2027. Shares must be owned before that date to receive the dividend.
- KTN's dividend has shrunk at an average rate of 0.1% a year over the past five years.
- As of Oct 19, 2026, KTN's 8.03% yield is 15% above its five-year average yield of 6.96%.
- As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for KTN is $26.92 per share, 5% above the $25.62 share price, so KTN screens as fairly valued.
- Credit-Enhanced Corts Trust Aon (KTN) pays its dividend semiannual, 2 times a year.
- Credit-Enhanced Corts Trust Aon (KTN) has raised its regular dividend 4 times and cut it 1 time across the 46 payments on record since 2003. Its most recent change was a 0.6% increase to $1.03 per share, going ex-dividend on Jun 30, 2026. The last cut went ex-dividend on Jun 29, 2022.
Cite this page
SmarterDividends, "KTN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/KTN
Summary
As of Oct 19, 2026, Credit-Enhanced Corts Trust Aon (KTN) yields 8.03% ($2.06 a year per share) and has a dividend safety grade of C (61/100).
Is KTN a good dividend stock?
Yes, with caveatsCredit-Enhanced Corts Trust Aon (KTN) pays a semiannual dividend yielding 8.03% ($2.06/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 2022
- 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
- 8.03%
- Payout Ratio
- —
- Annual Dividend
- $2.06
- 5-Yr Avg Growth
- -0.1%
- Ex-Dividend Date
- Dec 31, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -21%
- 52-Week Range
- $25.21 – $26.89
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2022)
KTN dividend raises and cuts
Credit-Enhanced Corts Trust Aon (KTN) has raised its regular dividend 4 times and cut it 1 time across the 46 payments on record since 2003. Its most recent change was a 0.6% increase to $1.03 per share, going ex-dividend on Jun 30, 2026. The last cut went ex-dividend on Jun 29, 2022.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 30, 2026 | Raise | $1.02 → $1.03 | +0.6% |
| Dec 31, 2025 | Raise | $1.03 → $1.03 | +0.5% |
| Jun 29, 2023 | Raise | $0.547 → $1.03 | +87.6% |
| Jun 29, 2022 | Cut | $1.03 → $0.547 | −46.7% |
| Dec 30, 2020 | Raise | $1.03 → $1.03 | +0.5% |
Frequently Asked Questions
Is KTN a good dividend stock?
Yes, with caveats. Credit-Enhanced Corts Trust Aon (KTN) pays a semiannual dividend yielding 8.03% ($2.06/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 KTN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KTN's fair value is about $26.92 versus a $25.62 share price — so it looks fairly valued (+5% vs. fair value).
Is KTN's dividend safe?
KTN has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is KTN's fair value?
Our blended fair-value estimate for KTN is about $26.92 per share, roughly 5% above the current $25.62 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is KTN a buy, hold, or sell?
We don't issue formal ratings, but on the data KTN screens as "yes, with caveats" and fairly valued. Credit-Enhanced Corts Trust Aon (KTN) pays a semiannual dividend yielding 8.03% ($2.06/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 KTN cut its dividend?
KTN earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does KTN pay a dividend?
Yes. Credit-Enhanced Corts Trust Aon pays a semiannual dividend of about $2.06 per share annually, a forward yield of roughly 8.03%.
What is KTN's dividend yield?
As of Oct 19, 2026, KTN's forward dividend yield is 8.03%, based on a $2.06 annual dividend and a $25.62 share price.
What is KTN's dividend per share?
As of Oct 19, 2026, KTN pays $2.06 per share per year, distributed on a semiannual basis.
How many years has KTN grown its dividend?
KTN does not currently have a long dividend-growth streak on record.
When is the next KTN ex-dividend date?
As of Oct 19, 2026, the next ex-dividend date on record for KTN is Dec 31, 2026.
KTN Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
-6%
5 Years
-21%
52-Week Range
$25.21 – $26.89
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KTN worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Credit-Enhanced Corts Trust Aon is $26.92 per share, versus a market price of $25.62. That implies the stock is roughly fairly priced.
Fair Value
$26.92
Current Price
$25.62
Gap
+5%
Margin of Safety
5%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $2.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KTN 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
Full KTN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | Jul 1, 2026 | $1.0260 | regular |
| Dec 31, 2025 | Jan 2, 2026 | $1.0310 | regular |
| Jun 30, 2025 | Jul 1, 2025 | $1.0200 | regular |
| Dec 31, 2024 | Jan 2, 2025 | $1.0260 | regular |
| Jun 28, 2024 | Jul 1, 2024 | $1.0260 | regular |
| Dec 28, 2023 | Jan 2, 2024 | $1.0260 | regular |
| Jun 29, 2023 | Jul 1, 2023 | $1.0260 | regular |
| Dec 29, 2022 | Jan 1, 2023 | $1.0260 | regular |
| Jun 29, 2022 | Jul 1, 2022 | $0.5470 | regular |
| Dec 30, 2021 | Jan 1, 2022 | $1.0260 | regular |
| Jun 29, 2021 | Jul 1, 2021 | $1.0260 | regular |
| Dec 30, 2020 | Jan 1, 2021 | $1.0310 | regular |
| Jun 29, 2020 | Jul 1, 2020 | $1.0260 | regular |
| Dec 30, 2019 | Jan 2, 2020 | $1.0260 | regular |
Income Calculator
At $2.06 / yr per share
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