About FG Group Holdings Inc. (BTN) — Dividend Analysis 2026
Ballantyne Strong, Inc. operates in the entertainment industry worldwide. The company manufactures and distributes projection screens and customized screen support systems directly, as well as through third-party distributors and integrators. It also distributes other products and provides technical support services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. In addition, the company offers technical services, such as digital projection equipment installation, and after-sale maintenance and network support services directly to theater owners and other entertainment-related markets, as well as through dealers or value added reseller networks. Further, it distributes and supports third party products, including digital projectors, servers, library management systems, menu boards, and sound systems; and operates digital ignition technology incubator and co-working facility in Alpharetta, Georgia. Ballantyne Strong, Inc. was founded in 1932 and is based in Charlotte, North Carolina.
Is BTN a good dividend investment in 2026?
BTN offers a 77.52% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
BTN DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your BTN portfolio grows to $3.0K vs $7.8K without reinvestment. This is the compound interest effect in action.
BTN dividend growth history & forecast
BTN has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 77.52%.
Company generates negative FCF ($-4M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → +0.0B → -0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
15
/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.
🌍 BTN Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold BTN.
Gross yield
77.52%
Tax rate
15.00%
After-tax yield
65.89%
Real yield (−CPI)
63.09%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
77.52%
74.72%
$7,752 / yr
🇺🇸 US Taxable (15%) ✓
15%
65.89%
63.09%
$6,589 / yr
🇺🇸 US Taxable (20%)
20%
62.02%
59.22%
$6,202 / yr
🇬🇧 UK ISA
0%
77.52%
74.72%
$7,752 / yr
🇬🇧 UK Taxable
8.75%
70.74%
67.94%
$7,074 / yr
🇨🇦 TFSA
0%
77.52%
74.72%
$7,752 / yr
🇨🇦 CA Taxable
25%
58.14%
55.34%
$5,814 / yr
🇦🇺 Super (pension)
15%
65.89%
63.09%
$6,589 / yr
🇦🇺 AU Taxable
30%
54.26%
51.46%
$5,426 / yr
🇩🇪 DE Taxable
26.375%
57.07%
54.27%
$5,707 / yr
🇫🇷 FR Taxable
30%
54.26%
51.46%
$5,426 / 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.
🎯 BTN Income Goal & Break-Even
Dividend Break-Even
3yr
Years for dividends to fully repay your BTN investment of $2.58/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$16.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$13.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in BTN for:
Shares needed
14,118
Capital required
$36,424
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 BTN Dividend Payment Schedule
BTN pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 BTN vs S&P 500 Average Benchmarks
How BTN compares to typical S&P 500 Average averages. (Sector "Consumer Cyclical" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▲+74.52% vs sectorBetter
BTN
77.52%
avg
3.00%
5Y Dividend CAGR▼-55.50% vs sectorBelow avg
BTN
-50.00%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
BTN
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for BTN sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ BTN Insider Activity
▲ 3 Buys
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Suh Ndamukong
director
A-Award
2023-07-03
20,833
—
—
Mitchell Michael C
director
A-Award
2023-07-03
20,833
—
—
SWETS LARRY G JR
director
A-Award
2023-07-03
20,833
—
—
Roschman Robert J
director
A-Award
2023-07-03
20,833
—
—
Lanktree Charles T
director
A-Award
2023-07-03
20,833
—
—
Cerminara Kyle
director, 10 percent owner:
A-Award
2023-07-03
26,041
—
—
Gerber William
director
A-Award
2023-07-03
20,833
—
—
Fundamental Global GP, LLC
10 percent owner
Buy
2023-06-13
26,407
$1.85
$48.9K
Fundamental Global GP, LLC
10 percent owner
Buy
2023-06-12
20,593
$1.85
$38.1K
Fundamental Global GP, LLC
10 percent owner
Buy
2023-06-12
20,200
$1.72
$34.7K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🔬
Financial Health Scores
Altman Z-Score
0.50
🔴 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.
🌍
Geographic Revenue Breakdown
Where BTN earns its money
UNITED STATES87%
CANADA4%
Europe3%
Asia Excluding China2%
Other2%
CHINA1%
💡 International revenue may have additional withholding tax implications for non-US investors. Check your country's tax treaty with the US before investing.
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 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 BTN 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 →