Piper Sandler Companies's last quarterly dividend was on Nov 22, 2022 (ex-date) with a distribution of $0.6 per share. On an annualized basis, the company has a current payout of $2.4 per share. This brings the dividend yield to 1.69% based on its recent close price.
Piper Sandler Companies's dividend yield of 1.69% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Piper Sandler Companies's dividend yield is 37% lower. Historically PIPR's dividend yield has averaged at 1.7% in the last 5 years, which is in line with the current one.
Piper Sandler Companies has been paying dividends since 2017. PIPR has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS marks an increase of 23% since one year ago. And with the stock price down by 18% from a year ago, the dividend yield marks an increase of 50%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 22, 2022 | Dec 9, 2022 | Oct 28, 2022 | $0.6 | normal |
| Aug 25, 2022 | Sep 9, 2022 | Jul 29, 2022 | $0.6 | normal |
| May 26, 2022 | Jun 10, 2022 | Apr 29, 2022 | $0.6 | normal |
| Mar 1, 2022 | Mar 11, 2022 | Feb 10, 2022 | $4.5 | special |
| Mar 1, 2022 | Mar 11, 2022 | Feb 10, 2022 | $0.6 | normal |
| Nov 22, 2021 | Dec 10, 2021 | Oct 29, 2021 | $3 | special |
| Nov 22, 2021 | Dec 10, 2021 | Oct 29, 2021 | $0.55 | normal |
| Aug 26, 2021 | Sep 10, 2021 | $0.55 | normal | |
| May 27, 2021 | Jun 11, 2021 | Apr 30, 2021 | $0.45 | normal |
| Mar 2, 2021 | Mar 12, 2021 | Feb 4, 2021 | $0.4 | normal |
| Mar 2, 2021 | Mar 12, 2021 | Feb 4, 2021 | $1.85 | special |
| Nov 23, 2020 | Dec 11, 2020 | Oct 30, 2020 | $0.375 | normal |
| Aug 27, 2020 | Sep 11, 2020 | Jul 31, 2020 | $0.3 | normal |
| May 28, 2020 | Jun 12, 2020 | May 1, 2020 | $0.2 | normal |
| Feb 28, 2020 | Mar 13, 2020 | $0.75 | special | |
| Feb 28, 2020 | Mar 13, 2020 | Jan 31, 2020 | $0.375 | normal |
| Nov 21, 2019 | Dec 13, 2019 | Oct 30, 2019 | $0.375 | normal |
| Aug 22, 2019 | Sep 13, 2019 | Jul 26, 2019 | $0.375 | normal |
| May 23, 2019 | Jun 14, 2019 | Apr 26, 2019 | $0.375 | normal |
| Feb 22, 2019 | Mar 15, 2019 | Feb 1, 2019 | $0.375 | normal |
| Nov 27, 2018 | Dec 14, 2018 | Oct 26, 2018 | $0.375 | normal |
| Aug 23, 2018 | Sep 14, 2018 | Jul 27, 2018 | $0.375 | normal |
| May 24, 2018 | Jun 15, 2018 | Apr 27, 2018 | $0.375 | normal |
| Feb 23, 2018 | Mar 15, 2018 | Feb 1, 2018 | $1.62 | special |
| Feb 23, 2018 | Mar 15, 2018 | Feb 1, 2018 | $0.375 | normal |
| Nov 28, 2017 | Dec 15, 2017 | Oct 26, 2017 | $0.313 | normal |
| Aug 24, 2017 | Sep 15, 2017 | Jul 27, 2017 | $0.313 | normal |
| May 24, 2017 | Jun 15, 2017 | Apr 28, 2017 | $0.313 | normal |
| Feb 15, 2017 | Mar 13, 2017 | Feb 2, 2017 | $0.313 | normal |
Piper Sandler Companies's payout ratio of 18.3% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.6%, Piper Sandler Companies's payout ratio is 40% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MS Morgan Stanley | 3.28% | $2.95 | 42.3% |
| PIPR Piper Sandler Companies | 1.69% | $2.4 | 18.3% |
| OPY Oppenheimer Holdings Inc | 1.48% | $0.6 | 10.3% |
Yes, Piper Sandler Companies has paid five dividends in the last 12 months. PIPR has been paying dividends since 2017.
Currently PIPR's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Piper Sandler Companies's last dividend ex-date was on Nov 22, 2022. The dividend amount was $0.6 per share.
On an annual basis PIPR pays $2.4 per share.
The current dividend yield of Piper Sandler Companies is 1.69%.
Piper Sandler Companies pays dividends quarterly.
The dividend payout ratio of Piper Sandler Companies is 18.3%.
Piper Sandler Companies's dividend yield is less than the Financial Services sector average.