About The Income Fund of America, Class F-1 Shares (IFAFX) — 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 IFAFX a good dividend investment in 2026?
IFAFX offers a 9.83% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
IFAFX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your IFAFX portfolio grows to $25.5K vs $19.8K without reinvestment. This is the compound interest effect in action.
IFAFX dividend growth history & forecast
IFAFX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.83%.
Company generates negative FCF ($-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 → +24.9B → +26.0B
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.
🌍 IFAFX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold IFAFX.
Gross yield
9.83%
Tax rate
15.00%
After-tax yield
8.36%
Real yield (−CPI)
5.56%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
9.83%
7.03%
$983 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.36%
5.56%
$836 / yr
🇺🇸 US Taxable (20%)
20%
7.86%
5.06%
$786 / yr
🇬🇧 UK ISA
0%
9.83%
7.03%
$983 / yr
🇬🇧 UK Taxable
8.75%
8.97%
6.17%
$897 / yr
🇨🇦 TFSA
0%
9.83%
7.03%
$983 / yr
🇨🇦 CA Taxable
25%
7.37%
4.57%
$737 / yr
🇦🇺 Super (pension)
15%
8.36%
5.56%
$836 / yr
🇦🇺 AU Taxable
30%
6.88%
4.08%
$688 / yr
🇩🇪 DE Taxable
26.375%
7.24%
4.44%
$724 / yr
🇫🇷 FR Taxable
30%
6.88%
4.08%
$688 / 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.
🎯 IFAFX Income Goal & Break-Even
Dividend Break-Even
12yr
Years for dividends to fully repay your IFAFX investment of $26.22/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$12.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$9.8K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in IFAFX for:
Shares needed
10,956
Capital required
$287,266
Monthly income
$2,000
Based on current dividend of $2.58/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 IFAFX Dividend Payment Schedule
IFAFX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$5.48 / payment
$21.91 / year after tax
100 shares
$54.77 / payment
$219.07 / year after tax
1,000 shares
$547.68 / payment
$2190.70 / year after tax
📊 IFAFX vs Financial Services Benchmarks
How IFAFX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+6.93% vs sectorBetter
IFAFX
9.83%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
IFAFX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
IFAFX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for IFAFX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ IFAFX 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
3/9
🔴 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 IFAFX 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 →