Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Nuveen Churchill Direct Lending (NCDL) — Dividend Profile
2y payment streakDelayedQuarterly
Forward Yield
13.55%
@ $13.28
TTM Yield
6.78%
Forward Annual
$1.80
Quarterly
Market Cap
$0.7b
Payout (FCF)
Payout (Earnings)
136%
Latest Amount
$0.4500
Ex 2025-12-31
3y CAGR
5y CAGR
10y CAGR
Next Ex-Date
2026-06-30
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Green3 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (1.27)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (56.1%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
No coverage
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
No coverage
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
⚠ Fired
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: -6.1%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 7 settled events.
Median Ex-Date Drop
-2.25%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
71%
5 of 7 events recovered within 90 days
Median Recovery Time
19 days
15 – 21 days IQR
Avg Capture Yield
2.83%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (13)
Ex-DateAmountFrequencyPay DateType
2026-06-30$0.02002026-07-28supplemental
2026-03-31$0.04002026-04-28supplemental
2025-12-31$0.4500Quarterly2026-01-27recurring
2025-09-30$0.4500Quarterly2025-10-28recurring
2025-03-31$0.4500Quarterly2025-04-28recurring
2025-02-12$0.10002025-04-28special
2024-12-31$0.4500Quarterly2025-01-28recurring
2024-11-08$0.10002025-01-28special
2024-09-30$0.4500Quarterly2024-10-28recurring
2024-08-12$0.10002024-10-28special
2024-06-28$0.4500Quarterly2024-07-29recurring
2024-05-10$0.10002024-07-28special
2024-03-27$0.4500Quarterly2024-04-29recurring