Liberty All Star Growth FundASG +0.66%36 Dividend Yield % is 8.83% as of Jun. 24, 2026, which is 9% above its 10-year median of 8.10. 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 1,114 Asset Management companies, Liberty All Star Growth Fund ranks better than 74.51% on this metric.
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.
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.
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 Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
* 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 Yield % Chart
ASG vs JOF, CION, PPT: Dividend Yield % Comparison
For the Asset Management subindustry, Liberty All Star Growth Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Liberty All Star Growth Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Liberty All Star Growth Fund's Dividend Yield % falls into.
Liberty All Star Growth Fund Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Liberty All Star Growth Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.110000
2026-04-16
2026-04-16
2026-06-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120000
2026-01-22
2026-01-22
2026-03-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120000
2025-11-14
2025-11-14
2026-01-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120000
2025-07-18
2025-07-18
2025-09-02
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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 (ASG) has a Dividend Yield % of 8.83% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Liberty All Star Growth Fund and its competitors. This is near median its historical median of 8.10. Over the past decade, Liberty All Star Growth Fund's Dividend Yield % has ranged from 5.26 to 21.03. According to the industry distribution chart, Liberty All Star Growth Fund ranks #284 out of 1114 companies in the Asset Management industry, placing it in the top 25.5%.
Is Liberty All Star Growth Fund's Dividend Yield % too high?
Liberty All Star Growth Fund's current Dividend Yield % of 8.83% is near median its 10-year median of 8.10. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 21.03. The Asset Management industry median Dividend Yield % is 6.04. Liberty All Star Growth Fund's value of 8.83% is 46.2% above this industry median. Based on the distribution chart, Liberty All Star Growth Fund ranks #284 out of 1114 companies in the Asset Management industry, which is above the industry midpoint. 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 Yield % compare to JOF and CION?
According to the Asset Management industry distribution chart, Liberty All Star Growth Fund ranks #284 out of 1114 companies for Dividend Yield %. This puts Liberty All Star Growth Fund in the upper half of its industry. The industry median Dividend Yield % is 6.04. Liberty All Star Growth Fund's value of 8.83% is 46.2% above this benchmark. Historically, Liberty All Star Growth Fund's own Dividend Yield % has ranged from 5.26 to 21.03 over the past decade. While the company's 10-year median is 8.10 vs. the industry median of 6.04, 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.04, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % 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 Yield % of 8.83% is 46.2% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Liberty All Star Growth Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.04 — 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 Yield % is 8.83%, which is near median its own 10-year median of 8.10. 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 $5.35 — trading 232% above its estimated fair value. The current Dividend Yield % is 8.83%, which is near median its 10-year median of 8.10 and 46.2% above the Asset Management industry median of 6.04. 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 Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Liberty All Star Growth Fund (ASG), the current Dividend Yield % is 8.83% as of Jun. 24, 2026. 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 $5.35 is trading 232% 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 Yield %: 8.83% (near median its 10-year median of 8.10)
GF Value™: $1.61 vs. price of $5.35 (232% above fair value)
Industry Position: 46.2% above the Asset Management median (#284 of 1114)
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 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
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