Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors. In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities. Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
Piper Sandler Companies Dividend Announcement
• Piper Sandler Companies announced a quarterly dividend of $0.65 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-22
• Piper Sandler Companies annual dividend for 2024 was $3.50
• Piper Sandler Companies annual dividend for 2023 was $3.65
• Piper Sandler Companies's trailing twelve-month (TTM) dividend yield is 1.03%
• Piper Sandler Companies's payout ratio for the trailing twelve months (TTM) is 43.48%
• Piper Sandler Companies's dividend growth over the last five years (2018-2023) was 5.86% year
Piper Sandler Companies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | $0.65 | quarterly | 2024-12-13 |
2024-08-29 | $0.65 | quarterly | 2024-09-13 |
2024-05-23 | $0.60 | quarterly | 2024-06-07 |
2024-03-01 | $1.60 | quarterly | 2024-03-15 |
2023-11-20 | $0.60 | quarterly | 2023-12-08 |
2023-08-24 | $0.60 | quarterly | 2023-09-08 |
2023-05-25 | $0.60 | quarterly | 2023-06-09 |
2023-03-02 | $1.85 | quarterly | 2023-03-17 |
2022-11-22 | $0.60 | quarterly | 2022-12-09 |
2022-08-25 | $0.60 | quarterly | 2022-09-09 |
2022-05-26 | $0.60 | quarterly | 2022-06-10 |
2022-03-01 | $5.10 | quarterly | 2022-03-11 |
2021-11-22 | $3.55 | quarterly | 2021-12-10 |
2021-08-26 | $0.55 | quarterly | 2021-09-10 |
2021-05-27 | $0.45 | quarterly | 2021-06-11 |
2021-03-02 | $2.25 | quarterly | 2021-03-12 |
2020-11-23 | $0.38 | quarterly | 2020-12-11 |
2020-08-27 | $0.30 | quarterly | 2020-09-11 |
2020-05-28 | $0.20 | quarterly | 2020-06-12 |
2020-02-28 | $1.12 | quarterly | 2020-03-13 |
2019-11-21 | $0.38 | quarterly | 2019-12-13 |
2019-08-22 | $0.38 | quarterly | 2019-09-13 |
2019-05-23 | $0.38 | quarterly | 2019-06-14 |
2019-02-22 | $1.39 | quarterly | 2019-03-15 |
2018-11-27 | $0.38 | quarterly | 2018-12-14 |
2018-08-23 | $0.38 | quarterly | 2018-09-14 |
2018-05-24 | $0.38 | quarterly | 2018-06-15 |
2018-02-23 | $1.62 | quarterly | 2018-03-15 |
2017-11-28 | $0.31 | quarterly | 2017-12-15 |
2017-08-24 | $0.31 | quarterly | 2017-09-15 |
2017-05-24 | $0.31 | quarterly | 2017-06-15 |
2017-02-15 | $0.31 | quarterly | 2017-03-13 |
Piper Sandler Companies Dividend per year
Piper Sandler Companies Dividend growth
Piper Sandler Companies Dividend Yield
Piper Sandler Companies current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Piper Sandler Companies stock? Use our calculator to estimate your expected dividend yield:
Piper Sandler Companies Financial Ratios
Piper Sandler Companies Dividend FAQ
Other factors to consider when evaluating Piper Sandler Companies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Piper Sandler Companies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Piper Sandler Companies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Piper Sandler Companies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Piper Sandler Companies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Piper Sandler Companies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Piper Sandler Companies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Piper Sandler Companies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Piper Sandler Companies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Piper Sandler Companies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.