Angel Oak Strategic Credit Fund
ASCIXStock · monthly payer
Forward Yield
8.48%
Annual Dividend
$1.76
Payout Ratio
—
5-Yr Growth
-0.5%
Ex-Date
—
Frequency
Monthly
Summary
As of June 2026, Angel Oak Strategic Credit Fund (ASCIX) yields 8.48% ($1.76 per share annually), with a blended fair-value estimate of $22.32 — +8% upside, so it screens as fairly valued. Dividend safety grade: C (60/100). 1 years of dividend growth.
Is ASCIX a good dividend stock?
Yes, with caveatsAngel Oak Strategic Credit Fund (ASCIX) pays a monthly dividend yielding 8.48% ($1.76/yr), with 1 year 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 2023
- 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
- 8.48%
- Payout Ratio
- —
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- -0.5%
- Ex-Dividend Date
- —
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -10%
- 52-Week Range
- —
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
ASCIX Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+1%
5 Years
-10%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASCIX worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Angel Oak Strategic Credit Fund is $22.32 per share, versus a market price of $20.73. That implies the stock is roughly fairly priced.
Fair Value
$22.32
Current Price
$20.73
Gap
+8%
Margin of Safety
7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), -1.4% stage-1 growth, 2.5% terminal growth, $1.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASCIX 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.1440 | regular |
| Apr 30, 2026 | — | $0.1390 | regular |
| Mar 31, 2026 | — | $0.1470 | regular |
| Feb 27, 2026 | — | $0.1290 | regular |
| Jan 30, 2026 | — | $0.1300 | regular |
| Dec 31, 2025 | — | $0.1890 | regular |
| Nov 28, 2025 | — | $0.1440 | regular |
| Oct 31, 2025 | — | $0.1500 | regular |
| Sep 30, 2025 | — | $0.1430 | regular |
| Aug 29, 2025 | — | $0.1480 | regular |
| Jul 31, 2025 | — | $0.1500 | regular |
| Jun 30, 2025 | — | $0.1450 | regular |
| May 30, 2025 | — | $0.1510 | regular |
| Apr 30, 2025 | — | $0.1460 | regular |
Income Calculator
At $1.76 / yr per share
