ASG (Liberty All Star Growth Fund) Dividend Payout Ratio: 1.41 (As of Dec. 2025) — 213% Above Median


ASG Liberty All Star Growth Fund Inc ASG
36 GF Score
Price $5.32
GF Value $1.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Liberty All Star Growth Fund Dividend Payout Ratio?

Liberty All Star Growth Fund ASG +0.19% 36 Dividend Payout Ratio is 1.41 as of Dec. 2025, which is 213% above its 10-year median of 0.45. GuruFocus rates ASG with a GF Score™ of 36/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 935 Asset Management companies, Liberty All Star Growth Fund ranks worse than 85.24% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Liberty All Star Growth Fund's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Liberty All Star Growth Fund Inc is 2.09, which seems too high.

The historical rank and industry rank for Liberty All Star Growth Fund's Dividend Payout Ratio or its related term are showing as below:

ASG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.45   Max: 2.09
Current: 2.09

During the past 9 years, the highest Dividend Payout Ratio of Liberty All Star Growth Fund was 2.09. The lowest was 0.26. And the median was 0.45.

ASG's Dividend Payout Ratio is ranked worse than
85.24% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs ASG: 2.09

As of today (2026-06-24), the Dividend Yield % of Liberty All Star Growth Fund is 8.89%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Liberty All Star Growth Fund was 21.03%. The lowest was 5.26%. And the median was 8.10%.

Liberty All Star Growth Fund's Dividends per Share for the months ended in Dec. 2025 was $0.24.

During the past 12 months, Liberty All Star Growth Fund's average Dividends Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.90% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Liberty All Star Growth Fund was 33.60% per year. The lowest was -22.80% per year. And the median was 0.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Liberty All Star Growth Fund (NYSE:ASG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Liberty All Star Growth Fund Dividend Payout Ratio Related Terms

Liberty All Star Growth Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Liberty All Star Growth Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Liberty All Star Growth Fund Dividend Payout Ratio Chart

Liberty All Star Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.75 0.00 0.45 0.57 2.09

Liberty All Star Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.74 0.47 4.40 1.41

ASG vs JOF, CION, PPT: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Liberty All Star Growth Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty All Star Growth Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Liberty All Star Growth Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Liberty All Star Growth Fund's Dividend Payout Ratio falls into.


ASG
36GF Score
Liberty All Star Growth Fund Inc ASG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty All Star Growth Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Liberty All Star Growth Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.46/ 0.22
=2.09

Liberty All Star Growth Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.24/ 0.17
=1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.41 mean?
Liberty All Star Growth Fund (ASG) has a Dividend Payout Ratio of 1.41 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Liberty All Star Growth Fund and its competitors. This is 213% above median its historical median of 0.45. Over the past decade, Liberty All Star Growth Fund's Dividend Payout Ratio has ranged from 0.26 to 2.09. According to the industry distribution chart, Liberty All Star Growth Fund ranks #797 out of 935 companies in the Asset Management industry, placing it in the top 85.2%.
Is Liberty All Star Growth Fund's Dividend Payout Ratio too high?
Liberty All Star Growth Fund's current Dividend Payout Ratio of 1.41 is 213% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.09. The Asset Management industry median Dividend Payout Ratio is 0.71. Liberty All Star Growth Fund's value of 1.41 is 98.6% above this industry median. Based on the distribution chart, Liberty All Star Growth Fund ranks #797 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Liberty All Star Growth Fund has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty All Star Growth Fund's Dividend Payout Ratio compare to JOF and CION?
According to the Asset Management industry distribution chart, Liberty All Star Growth Fund ranks #797 out of 935 companies for Dividend Payout Ratio. This places Liberty All Star Growth Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. Liberty All Star Growth Fund's value of 1.41 is 98.6% above this benchmark. Historically, Liberty All Star Growth Fund's own Dividend Payout Ratio has ranged from 0.26 to 2.09 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.71, Liberty All Star Growth Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Liberty All Star Growth Fund's current Dividend Payout Ratio of 1.41 is 98.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Liberty All Star Growth Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty All Star Growth Fund's current Dividend Payout Ratio is 1.41, which is 213% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty All Star Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Liberty All Star Growth Fund (ASG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $5.32 — trading 230.4% above its estimated fair value. The current Dividend Payout Ratio is 1.41, which is 213% above median its 10-year median of 0.45 and 98.6% above the Asset Management industry median of 0.71. Liberty All Star Growth Fund's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Liberty All Star Growth Fund (ASG), the current Dividend Payout Ratio is 1.41 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Liberty All Star Growth Fund (ASG) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty All Star Growth Fund stock appears to be overvalued. The current stock price of $5.32 is trading 230.4% above its estimated GF Value™ of $1.61. GuruFocus considers Liberty All Star Growth Fund to be Significantly Overvalued.

Key valuation signals for ASG:

  • Dividend Payout Ratio: 1.41 (213% above median its 10-year median of 0.45)
  • GF Value™: $1.61 vs. price of $5.32 (230.4% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 98.6% above the Asset Management median (#797 of 935)

No single metric tells the full story. See the ASG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Liberty All Star Growth Fund Business Description

Address 1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company's portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
36GF Score

Get the complete analysis for ASG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.32
Price
$1.61
GF Value