About American Funds The Income Fund of America Class A (AMECX) — Dividend Analysis 2026
The investment seeks to provide investors with current income while secondarily striving for capital growth. Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60% of the fund's assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30% of its assets in equity securities of issuers domiciled outside the United States, including issuers in developing countries.
Is AMECX a good dividend investment in 2026?
AMECX offers a 9.86% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
AMECX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your AMECX portfolio grows to $25.6K vs $19.9K without reinvestment. This is the compound interest effect in action.
AMECX dividend growth history & forecast
AMECX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.86%.
Company generates negative FCF ($-8.8B) — borrowing to pay dividends
Debt Leverage
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+27.1B → +26.5B → +26.0B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 AMECX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold AMECX.
Gross yield
9.86%
Tax rate
15.00%
After-tax yield
8.38%
Real yield (−CPI)
5.58%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
9.86%
7.06%
$986 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.38%
5.58%
$838 / yr
🇺🇸 US Taxable (20%)
20%
7.89%
5.09%
$789 / yr
🇬🇧 UK ISA
0%
9.86%
7.06%
$986 / yr
🇬🇧 UK Taxable
8.75%
9.00%
6.20%
$900 / yr
🇨🇦 TFSA
0%
9.86%
7.06%
$986 / yr
🇨🇦 CA Taxable
25%
7.39%
4.59%
$740 / yr
🇦🇺 Super (pension)
15%
8.38%
5.58%
$838 / yr
🇦🇺 AU Taxable
30%
6.90%
4.10%
$690 / yr
🇩🇪 DE Taxable
26.375%
7.26%
4.46%
$726 / yr
🇫🇷 FR Taxable
30%
6.90%
4.10%
$690 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 AMECX Income Goal & Break-Even
Dividend Break-Even
12yr
Years for dividends to fully repay your AMECX investment of $26.33/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$12.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$9.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in AMECX for:
Shares needed
10,875
Capital required
$286,339
Monthly income
$2,000
Based on current dividend of $2.60/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 AMECX Dividend Payment Schedule
AMECX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$5.52 / payment
$22.07 / year after tax
100 shares
$55.18 / payment
$220.70 / year after tax
1,000 shares
$551.76 / payment
$2207.03 / year after tax
📊 AMECX vs Financial Services Benchmarks
How AMECX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+6.96% vs sectorBetter
AMECX
9.86%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
AMECX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
AMECX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for AMECX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ AMECX Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.16
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
2/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the AMECX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →