Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Piper Sandler Companies (PIPR) — Dividend Profile
Finance·Investment Bankers/Brokers/Service
6y payment streak5y growth streakDelayedQuarterly
Forward Yield
13.88%
@ $80.68
TTM Yield
10.16%
Forward Annual
$11.20
Quarterly
Market Cap
$5.5b
Payout (FCF)
21%
4.8x covered
Payout (Earnings)
41%
Latest Amount
$2.8000
Ex 2025-11-25
3y CAGR
14.5%
5y CAGR
16.7%
10y CAGR
—
Next Ex-Date
2026-05-29
Last recorded cut on or near 2026-05-29.
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: CleanYield Trap: Green0 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (8.90)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (22.3%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
4.84×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
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.
⚠ Fired
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: -3.5%
✓ 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 22 settled events.
Median Ex-Date Drop
-0.10%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
86%
19 of 22 events recovered within 90 days
Median Recovery Time
1 days
1 – 5 days IQR
Avg Capture Yield
1.42%
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 (26)
Ex-Date▼AmountFrequencyPay DateType
2026-05-29$0.2000Quarterly2026-06-12recurring
2026-03-03$5.0000—2026-03-13special
2025-11-25$0.7000Quarterly2025-12-12recurring
2025-08-29$0.7000Quarterly2025-09-12recurring
2025-05-30$0.6500Quarterly2025-06-13recurring
2025-03-04$0.6500Quarterly2025-03-14recurring
2024-11-22$0.6500Quarterly2024-12-13recurring
2024-08-29$0.6500Quarterly2024-09-13recurring
2024-05-23$0.6000Quarterly2024-06-07recurring
2024-03-01$0.6000Quarterly2024-03-15recurring
2023-11-20$0.6000Quarterly2023-12-08recurring
2023-08-24$0.6000Quarterly2023-09-08recurring
2023-05-25$0.6000Quarterly2023-06-09recurring
2023-03-02$0.6000Quarterly2023-03-17recurring
2022-11-22$0.6000Quarterly2022-12-09recurring
2022-08-25$0.6000Quarterly2022-09-09recurring
2022-05-26$0.6000Quarterly2022-06-10recurring
2022-03-01$4.5000—2022-03-11special
2021-11-22$0.5500Quarterly2021-12-10recurring
2021-08-26$0.5500Quarterly2021-09-10recurring
2021-05-27$0.4500Quarterly2021-06-11recurring
2021-03-02$1.8500—2021-03-12special
2020-11-23$0.3750Quarterly2020-12-11recurring
2020-08-27$0.3000Quarterly2020-09-11recurring
2020-05-28$0.2000Quarterly2020-06-12recurring
2020-02-28$0.3750Quarterly2020-03-13recurring
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