Income Investors Rush to Capture Dividend Payments from Top Companies
Income investors have a narrow window to capture dividend payments from several large-cap companies. Starbucks (SBUX) is leading the pack, with a payment of $707 million scheduled for August 28, 2026. To qualify for this distribution, shares must be owned before the ex-dividend date of August 14, 2026.
The company's yield is 2.29% on an annualized rate of $2.48 per share. However, trailing GAAP EPS sits at $1.72, below the annualized dividend of $2.48. Management has raised the FY26 non-GAAP EPS guide to $2.55 to $2.65, which puts the payout ratio in the mid-90% range on adjusted earnings.
Other companies going ex-dividend today include Honeywell (HON), with a payment of $0.70 per share on September 4, and Cintas (CTAS), with a new quarterly payment of $0.52 per share on September 15.