Piper Sandler Companies Dividend
Dividend criteria checks 3/6
Piper Sandler Companies is a dividend paying company with a current yield of 1.71% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
1.7%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$5.75 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Piper Sandler: Sponsor Activity Actually Grows
Feb 05Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors
Jan 15
Piper Sandler: Not Snapping Back In Advisory
Nov 14Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60
Nov 02Piper Sandler: Unexpected Banking Weakness
Sep 11Piper Sandler Companies (NYSE:PIPR) Will Pay A Dividend Of $0.60
Jul 31Piper Sandler: Some Pickup From Distress In Financial Services
Jun 20Piper Sandler Companies (NYSE:PIPR) Is Due To Pay A Dividend Of $0.60
May 06Piper Sandler Q4 2022 Earnings Preview
Feb 02Piper Sandler Defends Against Pressure With Mid-Market Niche
Jan 14Piper Sandler declares $0.60 dividend
Oct 28Piper Sandler Is A Fair Volatility Bet
Aug 24Piper Sandler GAAP EPS of $1.26 beats by $0.14, revenue of $352.2M beats by $21.83M
Jul 29Piper Sandler to acquire tech-focused investment banker DBO Partners
Jul 06Piper Sandler Delivers Respectable Quarter On Sponsor And S&T Strength
May 25Do Piper Sandler Companies's (NYSE:PIPR) Earnings Warrant Your Attention?
May 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PIPR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PIPR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Piper Sandler Companies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIPR) | 1.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (PIPR) | 3.7% |
Notable Dividend: PIPR's dividend (1.71%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: PIPR's dividend (1.71%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), PIPR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.8%), PIPR's dividend payments are well covered by cash flows.