SmarterDividends
USA

Liberty All-Star Equity Fund

USA

Financial Services · Asset Management · Stock · quarterly payer

$5.89

Fairly valued · +4% Add to Portfolio

Forward Yield

11.38%

Annual Dividend

$0.67

Payout Ratio

309%

5-Yr Growth

1.2%

Ex-Date

Jul 16, 2026

Frequency

Quarterly

Key facts about USA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Liberty All-Star Equity Fund (USA) has a forward dividend yield of 11.38%, based on an annual dividend of $0.67 per share and a share price of $5.89.
  • As of Oct 18, 2026, USA's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • USA last cut its regular dividend in 2025.
  • USA's most recent ex-dividend date was Jul 16, 2026, for a dividend of $0.17 per share.
  • As of Oct 18, 2026, USA pays out 309% of its trailing 12-month earnings as dividends (its payout ratio).
  • USA's dividend has grown at an average rate of 1.2% a year over the past five years.
  • As of Oct 18, 2026, USA's 11.38% yield is 12% above its five-year average yield of 10.12%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for USA is $6.10 per share, 4% above the $5.89 share price, so USA screens as fairly valued.
  • Liberty All-Star Equity Fund (USA) pays its dividend quarterly, 4 times a year.
Cite this page

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

Summary

As of Oct 18, 2026, Liberty All-Star Equity Fund (USA) yields 11.38% ($0.67 a year per share) and has a dividend safety grade of C (53/100).

Is USA a good dividend stock?

Mixed

Liberty All-Star Equity Fund (USA) pays a quarterly dividend yielding 11.38% ($0.67/yr), with 0 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

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (309%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    11.38%
    Payout Ratio
    309%
    Annual Dividend
    $0.67
    5-Yr Avg Growth
    1.2%
    Ex-Dividend Date
    Jul 16, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.01
    Market Cap
    $1.8B
    P/E Ratio
    26.8
    5-Yr Total Return
    -28%
    52-Week Range
    $5.40 – $6.44
    Dividend Safety
    C · 53/100
    Ever Cut?
    Yes (2025)

    USA dividend changes

    Liberty All-Star Equity Fund (USA) pays a variable dividend: across the 159 payments on record since 1987, 48 were higher than the one before and 46 lower. The latest change was up 13.3% to $0.170 per share, going ex-dividend on Jul 16, 2026.

    Ex-dateChangeOld → newMove
    Jul 16, 2026Higher$0.150 → $0.170+13.3%
    Apr 16, 2026Lower$0.180 → $0.150−16.7%
    Jan 22, 2026Higher$0.170 → $0.180+5.9%
    Nov 14, 2025Lower$0.180 → $0.170−5.6%
    Jul 18, 2025Higher$0.170 → $0.180+5.9%
    Jan 24, 2025Lower$0.180 → $0.170−5.6%
    Apr 18, 2024Higher$0.170 → $0.180+5.9%
    Jan 18, 2024Higher$0.150 → $0.170+13.3%
    Nov 16, 2023Lower$0.160 → $0.150−6.3%
    Jul 20, 2023Higher$0.150 → $0.160+6.7%
    Nov 17, 2022Lower$0.160 → $0.150−6.3%
    Jul 21, 2022Lower$0.180 → $0.160−11.1%
    Every USA payment →Download every raise and cut (CSV)
    USA ex-dividend date & scheduleNext ex-date Jul 16, 2026 · full ex-dividend historyView →USA dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is USA a good dividend stock?

    Mixed. Liberty All-Star Equity Fund (USA) pays a quarterly dividend yielding 11.38% ($0.67/yr), with 0 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.

    Is USA undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, USA's fair value is about $6.10 versus a $5.89 share price — so it looks fairly valued (+4% vs. fair value).

    Is USA's dividend safe?

    USA has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is USA's fair value?

    Our blended fair-value estimate for USA is about $6.10 per share, roughly 4% above the current $5.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is USA a buy, hold, or sell?

    We don't issue formal ratings, but on the data USA screens as "mixed" and fairly valued. Liberty All-Star Equity Fund (USA) pays a quarterly dividend yielding 11.38% ($0.67/yr), with 0 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. This is research for your own analysis, not investment advice.

    Will USA cut its dividend?

    USA earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does USA pay a dividend?

    Yes. Liberty All-Star Equity Fund pays a quarterly dividend of about $0.67 per share annually, a forward yield of roughly 11.38%.

    What is USA's dividend yield?

    As of Oct 18, 2026, USA's forward dividend yield is 11.38%, based on a $0.67 annual dividend and a $5.89 share price.

    What is USA's dividend per share?

    As of Oct 18, 2026, USA pays $0.67 per share per year, distributed on a quarterly basis.

    What is USA's dividend payout ratio?

    As of Oct 18, 2026, USA's payout ratio is 309% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has USA grown its dividend?

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

    When is the next USA ex-dividend date?

    As of Oct 18, 2026, USA's next ex-dividend date hasn't been announced. The most recent was Jul 16, 2026, for $0.17 per share.

    Income Calculator

    At $0.67 / yr per share

    Per payment (quarterly)$16.75
    Annual$67.00
    Monthly avg$5.58

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