SmarterDividends
RWAY

Runway Growth Finance Corp.

RWAY

Financial Services · Stock · quarterly payer

Forward Yield

21.16%

Annual Dividend

$1.35

Payout Ratio

151%

5-Yr Growth

Ex-Date

May 18, 2026

Frequency

Quarterly

RWAY Dividend Safety Score

37/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage151% of earnings paid out
Balance-sheet strengthDebt/equity of 1.01
Yield vs its historyYield is 1.9× its 5-yr average — elevated

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 RWAY a good dividend stock?

Higher risk

Runway Growth Finance Corp. (RWAY) pays a quarterly dividend yielding 21.16% ($1.35/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (151%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    21.16%
    Payout Ratio
    151%
    Annual Dividend
    $1.35
    5-Yr Avg Growth
    Ex-Dividend Date
    May 18, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    Market Cap
    $270.5M
    P/E Ratio
    5-Yr Total Return
    -52%
    52-Week Range
    $6.22 – $11.41
    Dividend Safety
    D · 37/100
    Ever Cut?
    Yes (2025)
    RWAY ex-dividend date & scheduleNext ex-date May 18, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.35 / yr per share

    Per payment (quarterly)$33.75
    Annual$135.00
    Monthly avg$11.25