Associated Banc-Corp (ASB) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
ASB Dividend Income Check
Safety
32.8% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 5.4% and trend is rising.
ASB Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ASB Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
ASB Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Associated Banc-Corp distributes 32.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 26.8%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
ASB has raised its dividend for 14 consecutive years, with a 3-year CAGR of 4.7% and 5-year CAGR of 5.3%.
Total Shareholder Returns
Beyond cash dividends, ASB returns capital through share repurchases. The combined picture: 3.3% dividend yield, 0.6% buyback yield, 3.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.4% and is currently rising. The 5-year total return is 41.7%, with dividends contributing 18.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,349 today.
ASB Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 1, 2026Latest | $0.2400 | — | 3.37% | Jun 15, 2026 |
| Mar 2, 2026 | $0.2400 | — | 3.54% | Mar 16, 2026 |
| Dec 1, 2025 | $0.2400 | ↑ +4.3% | 3.60% | Dec 15, 2025 |
| Sep 2, 2025 | $0.2300 | — | 3.49% | Sep 15, 2025 |
| Jun 2, 2025 | $0.2300 | — | 3.95% | Jun 16, 2025 |
| Mar 3, 2025 | $0.2300 | — | 3.71% | Mar 17, 2025 |
| Dec 2, 2024 | $0.2300 | ↑ +4.5% | 3.38% | Dec 16, 2024 |
| Sep 3, 2024 | $0.2200 | — | 3.93% | Sep 16, 2024 |
ASB Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd | $4.7B | 3.3% | 32.8% | 14 | Sustainable |
| $11.9B | 2.6% | — | 3 | Unknown | |
| $10.3B | 1.7% | 27.3% | 11 | Sustainable | |
| $10.0B | 1.4% | 19.3% | 17 | Sustainable | |
3rd | $699M | 3.0% | 31.5% | 11 | Sustainable |
| $3.8B | 0.9% | 12.9% | 1 | Sustainable | |
1st | $4.1B | 3.6% | 36.1% | 2 | Sustainable |
| $9.3B | 2.4% | 33.6% | 0 | Sustainable |
ASB Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 2 | — | — | — | 2.8% |
| 2025 | $0.93 | 4.5% | 4 | $2.77 | 33.6% | 2.98x | 5.4% |
| 2024 | $0.89 | 4.7% | 4 | $0.72 | 123.6% | 0.81x | 5.2% |
| 2023 | $0.85 | 4.9% | 4 | $1.13 | 75.2% | 1.33x | 4.9% |
| 2022 | $0.81 | 6.6% | 4 | $2.34 | 34.6% | 2.89x | 4.7% |
| 2021 | $0.76 | 5.6% | 4 | $2.18 | 34.9% | 2.87x | 4.4% |
| 2020 | $0.72 | 4.3% | 4 | $1.86 | 38.7% | 2.58x | 4.2% |
| 2019 | $0.69 | 11.3% | 4 | $1.91 | 36.1% | 2.77x | 4.0% |
| 2018 | $0.62 | 24.0% | 4 | $1.89 | 32.8% | 3.05x | 3.6% |
| 2017 | $0.50 | 11.1% | 4 | $1.42 | 35.2% | 2.84x | 2.9% |
See ASB's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonASB — Frequently Asked Questions
Quick answers to the most common questions about buying ASB stock.
How much dividend does ASB pay per share?
Associated Banc-Corp (ASB) pays a trailing 12-month dividend of $0.93 per share, with a current dividend yield of +3.3%. Payments are made Semi-Annual.
When is ASB's next ex-dividend date?
ASB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ASB typically pays dividends Semi-Annual.
Is ASB's dividend safe?
ASB's dividend safety is rated "Sustainable" based on an earnings payout ratio of +32.8% and FCF payout ratio of +26.8%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is ASB a Dividend Achiever?
Yes, Associated Banc-Corp is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +5.3%, demonstrating above-inflation dividend growth.
How often does ASB pay dividends?
Associated Banc-Corp pays dividends Semi-Annual. The trailing 12-month total is $0.93 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in ASB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ASB five years ago would be worth approximately $14,172 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ASB's yield on cost for long-term holders?
ASB's yield on cost — the current dividend divided by the original purchase price — is +5.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.