Ashland Inc.
ASHBasic Materials · Stock · quarterly payer
Forward Yield
2.30%
Annual Dividend
$1.68
Payout Ratio
107%
5-Yr Growth
8.4%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of September 2026, Ashland Inc. (ASH) yields 2.30% ($1.68 per share annually), with a blended fair-value estimate of $68.70 — -6% downside, so it screens as fairly valued. Dividend safety grade: A (82/100). 16 years of dividend growth.
Is ASH a good dividend stock?
YesAshland Inc. (ASH) pays a quarterly dividend yielding 2.30% ($1.68/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Strong 8.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2008
- Elevated payout ratio (107%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.30%
- Payout Ratio
- 107%
- Annual Dividend
- $1.68
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.39
- Market Cap
- $3.3B
- P/E Ratio
- 46.8
- 5-Yr Total Return
- -18%
- 52-Week Range
- $46.30 – $78.25
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2008)
Frequently Asked Questions
ASH Price — Last 12 Months
Daily close
Price Return
1 Year
+52%
3 Years
-11%
5 Years
-18%
52-Week Range
$46.30 – $78.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ASH worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Ashland Inc. is $68.70 per share, versus a market price of $72.93. That implies the stock is roughly fairly priced.
Fair Value
$68.70
Current Price
$72.93
Gap
-6%
Margin of Safety
-6%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -4.7% annual free-cash-flow growth. We model -0.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -0.7% stage-1 growth, 2.5% terminal growth, $1.56 EPS, $1.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ASH Dividend Safety Score
Very 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 |
|---|---|---|---|
| Sep 1, 2026 | — | $0.4200 | regular |
| Jun 1, 2026 | — | $0.4200 | regular |
| Feb 27, 2026 | — | $0.4150 | regular |
| Dec 1, 2025 | — | $0.4150 | regular |
| Aug 29, 2025 | — | $0.4150 | regular |
| May 30, 2025 | — | $0.4150 | regular |
| Feb 28, 2025 | — | $0.4050 | regular |
| Nov 29, 2024 | — | $0.4050 | regular |
| Aug 30, 2024 | — | $0.4050 | regular |
| May 31, 2024 | — | $0.4050 | regular |
| Feb 29, 2024 | — | $0.3850 | regular |
| Nov 30, 2023 | — | $0.3850 | regular |
| Aug 31, 2023 | — | $0.3850 | regular |
| May 31, 2023 | — | $0.3850 | regular |
Income Calculator
At $1.68 / yr per share
