Aberdeen Government Markets Income Fund
MGFFinancial Services · Stock · monthly payer
Forward Yield
8.11%
Annual Dividend
$0.23
Payout Ratio
145%
5-Yr Growth
-8.1%
Ex-Date
Jul 23, 2026
Frequency
Monthly
Summary
As of July 2026, Aberdeen Government Markets Income Fund (MGF) yields 8.11% ($0.23 per share annually), with a blended fair-value estimate of $2.89 — +2% upside, so it screens as fairly valued. Dividend safety grade: C (56/100).
Is MGF a good dividend stock?
MixedAberdeen Government Markets Income Fund (MGF) pays a monthly dividend yielding 8.11% ($0.23/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 (145%)
- 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
- 8.11%
- Payout Ratio
- 145%
- Annual Dividend
- $0.23
- 5-Yr Avg Growth
- -8.1%
- Ex-Dividend Date
- Jul 23, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.33
- Market Cap
- $93.2M
- P/E Ratio
- 17.9
- 5-Yr Total Return
- -36%
- 52-Week Range
- $2.80 – $3.14
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
MGF Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-12%
5 Years
-36%
52-Week Range
$2.80 – $3.14
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MGF worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Aberdeen Government Markets Income Fund is $2.89 per share, versus a market price of $2.83. That implies the stock is roughly fairly priced.
Fair Value
$2.89
Current Price
$2.83
Gap
+2%
Margin of Safety
2%
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: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.16 EPS, $0.23 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MGF 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 |
|---|---|---|---|
| Jun 16, 2026 | — | $0.0190 | regular |
| May 19, 2026 | — | $0.0190 | regular |
| Apr 14, 2026 | — | $0.0190 | regular |
| Mar 17, 2026 | — | $0.0190 | regular |
| Feb 17, 2026 | — | $0.0190 | regular |
| Jan 20, 2026 | — | $0.0190 | regular |
| Dec 16, 2025 | — | $0.0190 | regular |
| Nov 18, 2025 | — | $0.0190 | regular |
| Oct 14, 2025 | — | $0.0190 | regular |
| Sep 16, 2025 | — | $0.0190 | regular |
| Aug 19, 2025 | — | $0.0190 | regular |
| Jul 15, 2025 | — | $0.0190 | regular |
| Jun 17, 2025 | — | $0.0190 | regular |
| May 13, 2025 | — | $0.0190 | regular |
Income Calculator
At $0.23 / yr per share
