Piper Sandler Companies (PIPR) Dividend Coverage Ratio (2017 - 2026)
Piper Sandler Companies' (PIPR) Dividend Coverage Ratio stood at 4.90 in Q2 2026, up 98.4% from 2.47 a year earlier and up 656.6% from the prior quarter.
Powered by 
Analysis
Piper Sandler Companies (PIPR) Dividend Coverage Ratio (2017 - 2026) Analysis & Trends
On a TTM basis, Piper Sandler Companies' Dividend Coverage Ratio came in at 2.17 as of Jun 30, 2026, up 14.0% year-over-year; for FY2025, it came in at 2.46, up 0.3% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 2.46 in FY2024 (+142.6%), 1.01 in FY2023 (-1.7%), 1.03 in FY2022 (-63.3%) and 2.80 in FY2021 (+95.0%).
- Quarterly Dividend Coverage Ratio has ranged from 0.30 in Q2 2023 to 7.67 in Q4 2025 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in six of the last eight quarters, with growth averaging 112.6%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 747.4% in Q3 2024, against a decline of 88.3% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.65 (Q1 2026), 7.67 (Q4 2025) and 5.05 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | - |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 3.26 |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | - |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | - |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 8.00 |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 4.65 |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | - |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 6.10 |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | - |
| 10 | Piper Sandler Companies | 4.27 Bn | 2.70 Bn | - | 4.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.90 |
| Mar 31, 2026 | 0.65 |
| Dec 31, 2025 | 7.67 |
| Sep 30, 2025 | 5.05 |
| Jun 30, 2025 | 2.47 |
| Mar 31, 2025 | 0.92 |
| Dec 31, 2024 | 5.48 |
| Sep 30, 2024 | 3.26 |
| Jun 30, 2024 | 2.35 |
| Mar 31, 2024 | 1.19 |
| Dec 31, 2023 | 5.08 |
| Sep 30, 2023 | 0.38 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 4.48 |
| Sep 30, 2022 | 1.58 |
| Jun 30, 2022 | 2.54 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 2.26 |
| Sep 30, 2021 | 5.65 |
API Access
Piper Sandler Companies Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();