Piper Sandler Companies (PIPR) Dividend History
Income profile from 2017 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
40.7% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.7% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Piper Sandler Companies distributes 40.7% of earnings as dividends (Sustainable).
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
PIPR has raised its dividend for 1 consecutive year, with a 3-year CAGR of -6.2% and 5-year CAGR of 23.3%.
Total Shareholder Returns
Beyond cash dividends, PIPR returns capital through share repurchases. The combined picture: 1.4% dividend yield, 1.3% buyback yield, 2.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.7% and is currently rising. The 5-year total return is 187.5%, with dividends contributing 23.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $78,154 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 3, 2026Latest | $5.7000 | ↑ +714.3% | 2.62% | Mar 13, 2026 |
| Nov 25, 2025 | $0.7000 | — | 1.70% | Dec 12, 2025 |
| Aug 29, 2025 | $0.7000 | ↑ +7.7% | 1.69% | Sep 12, 2025 |
| May 30, 2025 | $0.6500 | ↓ -82.2% | 2.23% | Jun 13, 2025 |
| Mar 4, 2025 | $3.6500 | ↑ +461.5% | 2.12% | Mar 14, 2025 |
| Nov 22, 2024 | $0.6500 | — | 1.03% | Dec 13, 2024 |
| Aug 29, 2024 | $0.6500 | ↑ +8.3% | 1.29% | Sep 13, 2024 |
| May 23, 2024 | $0.6000 | ↓ -62.5% | 1.62% | Jun 7, 2024 |
Dividend Peer Comparison
Peer group: Investment Banking and M&A Advisory
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
PIPRPiper Sandler Compan… | $4.9B | 1.4% | 40.7% | 1 | Sustainable |
GSThe Goldman Sachs Gr… | $267.0B | 1.6% | 31.5% | 12 | Sustainable |
MSMorgan Stanley | $264.9B | 2.3% | 45.8% | 11 | Sustainable |
EVREvercore Inc. | $26.9B | 1.1% | 35.9% | 18 | Sustainable |
3rd NMRNomura Holdings, Inc… | $26.6B | 2.6% | 33.0% | 2 | Sustainable |
1st JEFJefferies Financial … | $9.2B | 3.8% | — | 8 | Unknown |
2nd LAZLazard Ltd | $4.8B | 3.5% | 64.0% | 0 | Watch |
MCMoelis & Company | $4.4B | 0.1% | 2.3% | 0 | Sustainable |
HLIHoulihan Lokey, Inc. | $2.5B | 1.5% | 41.3% | 7 | Sustainable |
Annual Dividend History
27 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $5.70 | — | 1 | — | — | — | 5.7% |
| 2025 | $5.70 | 62.9% | 4 | — | — | — | 5.7% |
| 2024 | $3.50 | -4.1% | 4 | $10.24 | 34.2% | 2.93x | 3.5% |
| 2023 | $3.65 | -47.1% | 4 | $4.96 | 73.6% | 1.36x | 3.7% |
| 2022 | $6.90 | 1.5% | 4 | $6.52 | 105.8% | 0.94x | 7.0% |
| 2021 | $6.80 | 240.0% | 4 | $16.43 | 41.4% | 2.42x | 6.8% |
| 2020 | $2.00 | -20.3% | 4 | $2.72 | 73.5% | 1.36x | 2.0% |
| 2019 | $2.51 | -19.6% | 4 | $7.70 | 32.6% | 3.07x | 2.5% |
| 2018 | $3.12 | 149.6% | 4 | $3.72 | 83.9% | 1.19x | 3.1% |
| 2017 | $1.25 | — | 4 | $-5.07 | — | — | 1.3% |
See PIPR's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does PIPR pay per share?
Piper Sandler Companies (PIPR) pays a trailing 12-month dividend of $4.17 per share, with a current dividend yield of +1.4%. Payments are made Annual.
When is PIPR's next ex-dividend date?
PIPR's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PIPR typically pays dividends Annual.
Is PIPR's dividend safe?
PIPR's dividend safety is rated "Sustainable" based on an earnings payout ratio of +40.7% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has PIPR increased its dividend?
PIPR has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +23.3%.
How often does PIPR pay dividends?
Piper Sandler Companies pays dividends Annual. The trailing 12-month total is $4.17 per share. Dividend data on this page covers 9+ years from 2017 to 2026.
How much would $10,000 invested in PIPR grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PIPR five years ago would be worth approximately $28,749 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PIPR's yield on cost for long-term holders?
PIPR's yield on cost — the current dividend divided by the original purchase price — is +5.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.4% market yield, thanks to consistent dividend growth.