Piper Sandler Companies's last quarterly dividend was on May 23, 2024 (ex-date) with a distribution of $0.6 per share. On an annualized basis, the company has a current payout of $3.4 per share. This brings the dividend yield to 1.27% based on its recent close price.
Piper Sandler Companies's dividend yield of 1.27% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.85%, Piper Sandler Companies's dividend yield is 55% lower. Historically PIPR's dividend yield has averaged at 1.7% in the last 5 years, which is more than the current one.
Piper Sandler Companies has been paying dividends since 2017. PIPR has issued five dividends in the last twelve months. The annualized DPS marks a decrease of 7% since one year ago. And with the stock price up by 77% from a year ago, the dividend yield marks a decrease of 47%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 23, 2024 | Jun 7, 2024 | Apr 26, 2024 | $0.6 | normal |
| Mar 1, 2024 | Mar 15, 2024 | Feb 2, 2024 | $0.6 | normal |
| Mar 1, 2024 | Mar 15, 2024 | Feb 2, 2024 | $1 | normal |
| Nov 20, 2023 | Dec 8, 2023 | Oct 27, 2023 | $0.6 | normal |
| Aug 24, 2023 | Sep 8, 2023 | Jul 28, 2023 | $0.6 | normal |
| May 25, 2023 | Jun 9, 2023 | May 2, 2023 | $0.6 | normal |
| Mar 2, 2023 | Mar 17, 2023 | Feb 3, 2023 | $1.25 | normal |
| Mar 2, 2023 | Mar 17, 2023 | Feb 3, 2023 | $0.6 | normal |
| 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 | $0.55 | normal |
| Nov 22, 2021 | Dec 10, 2021 | Oct 29, 2021 | $3 | special |
| 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 | $1.85 | special |
| Mar 2, 2021 | Mar 12, 2021 | Feb 4, 2021 | $0.4 | normal |
| 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 | $0.375 | normal |
| Feb 23, 2018 | Mar 15, 2018 | Feb 1, 2018 | $1.62 | special |
| 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 50.5% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, Piper Sandler Companies's payout ratio is 23% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MS Morgan Stanley | 3.26% | $3.4 | 61.3% |
| PIPR Piper Sandler Companies | 1.24% | $3.4 | 50.5% |
Yes, Piper Sandler Companies has paid five dividends in the last 12 months. PIPR has been paying dividends since 2017.
Piper Sandler Companies's last dividend ex-date was on May 23, 2024. The dividend amount was $0.6 per share.
On an annual basis PIPR pays $3.4 per share.
The current dividend yield of Piper Sandler Companies is 1.27%.
The dividend payout ratio of Piper Sandler Companies is 50.5%.
Piper Sandler Companies's dividend yield is less than the Financial Services sector average.