Liberty All-Star Growth Fund, Inc.
ASGFinancial Services · Stock · quarterly payer
Forward Yield
9.29%
Annual Dividend
$0.47
Payout Ratio
60%
5-Yr Growth
-1.4%
Ex-Date
Jul 16, 2026
Frequency
Quarterly
Summary
As of September 2026, Liberty All-Star Growth Fund, Inc. (ASG) yields 9.29% ($0.47 per share annually), with a blended fair-value estimate of $5.67 — +13% upside, so it screens as fairly valued. Dividend safety grade: B (66/100).
Is ASG a good dividend stock?
Yes, with caveatsLiberty All-Star Growth Fund, Inc. (ASG) pays a quarterly dividend yielding 9.29% ($0.47/yr), with 0 years of growth and a dividend-safety grade of B. 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
- 9.29%
- Payout Ratio
- 60%
- Annual Dividend
- $0.47
- 5-Yr Avg Growth
- -1.4%
- Ex-Dividend Date
- Jul 16, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.16
- Market Cap
- $325.0M
- P/E Ratio
- 6.5
- 5-Yr Total Return
- -47%
- 52-Week Range
- $4.55 – $5.69
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
ASG Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+9%
5 Years
-47%
52-Week Range
$4.55 – $5.69
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASG worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Liberty All-Star Growth Fund, Inc. is $5.67 per share, versus a market price of $5.02. That implies the stock is roughly fairly priced.
Fair Value
$5.67
Current Price
$5.02
Gap
+13%
Margin of Safety
11%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 10.1% discount rate (CAPM), -1.6% stage-1 growth, 2.5% terminal growth, $0.78 EPS, $0.47 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASG Dividend Safety Score
Safe
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 |
|---|---|---|---|
| Jul 16, 2026 | — | $0.1200 | regular |
| Apr 16, 2026 | — | $0.1100 | regular |
| Jan 22, 2026 | — | $0.1200 | regular |
| Nov 14, 2025 | — | $0.1200 | regular |
| Jul 18, 2025 | — | $0.1200 | regular |
| Apr 17, 2025 | — | $0.1000 | regular |
| Jan 24, 2025 | — | $0.1200 | regular |
| Nov 15, 2024 | — | $0.1200 | regular |
| Jul 19, 2024 | — | $0.1200 | regular |
| Apr 18, 2024 | — | $0.1200 | regular |
| Jan 18, 2024 | — | $0.1100 | regular |
| Nov 16, 2023 | — | $0.1000 | regular |
| Jul 20, 2023 | — | $0.1100 | regular |
| Apr 20, 2023 | — | $0.1100 | regular |
Income Calculator
At $0.47 / yr per share
