Abrdn Australia Equity Fund Inc
IAFFinancial Services · Stock · quarterly payer
Forward Yield
11.68%
Annual Dividend
$1.46
Payout Ratio
84%
5-Yr Growth
-0.9%
Ex-Date
May 21, 2026
Frequency
Quarterly
Summary
As of July 2026, Abrdn Australia Equity Fund Inc (IAF) yields 11.68% ($1.46 per share annually), with a blended fair-value estimate of $15.94 — +28% upside, so it screens as undervalued. Dividend safety grade: C (59/100).
Is IAF a good dividend stock?
Yes, with caveatsAbrdn Australia Equity Fund Inc (IAF) pays a quarterly dividend yielding 11.68% ($1.46/yr), with 0 years 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 2024
- 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
- 11.68%
- Payout Ratio
- 84%
- Annual Dividend
- $1.46
- 5-Yr Avg Growth
- -0.9%
- Ex-Dividend Date
- May 21, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.09
- Market Cap
- $119.9M
- P/E Ratio
- 7.2
- 5-Yr Total Return
- -32%
- 52-Week Range
- $11.76 – $14.54
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
IAF Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+1%
5 Years
-32%
52-Week Range
$11.76 – $14.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IAF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Abrdn Australia Equity Fund Inc is $15.94 per share, versus a market price of $12.50. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$15.94
Current Price
$12.50
Upside
+28%
Margin of Safety
22%
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: 9.7% discount rate (CAPM), -0.8% stage-1 growth, 2.5% terminal growth, $1.74 EPS, $1.46 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IAF 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 21, 2026 | — | $0.3600 | regular |
| Feb 20, 2026 | — | $0.3600 | regular |
| Nov 21, 2025 | — | $0.3800 | regular |
| Aug 22, 2025 | — | $0.3600 | regular |
| May 22, 2025 | — | $0.3600 | regular |
| Feb 21, 2025 | — | $0.3600 | regular |
| Nov 21, 2024 | — | $0.3900 | regular |
| Aug 23, 2024 | — | $0.3600 | regular |
| May 22, 2024 | — | $0.3600 | regular |
| Feb 21, 2024 | — | $0.3600 | regular |
| Nov 21, 2023 | — | $0.3300 | regular |
| Aug 23, 2023 | — | $0.3600 | regular |
| May 18, 2023 | — | $0.3900 | regular |
| Feb 17, 2023 | — | $0.3900 | regular |
Income Calculator
At $1.46 / yr per share
