Large-Cap Companies Lock In Dividend Payments Amid Income Investor Opportunity

Income investors have a narrow window to capture dividend payments from several large-cap companies. The first three, Starbucks, Honeywell, and Cintas, went ex-dividend today, August 14, 2026, while CDW Corp and T-Mobile US are scheduled to follow in the next two weeks. The total payout for these five companies is substantial, with Starbucks alone sending out approximately $707 million on its upcoming pay date.

The yield for each company varies significantly, ranging from 0.88% for Cintas to 3.99% for Honeywell. However, trailing GAAP EPS shows that the coverage ratio for some of these companies is not as robust as their yields suggest. For instance, Starbucks' trailing EPS is $1.72, below its annualized dividend of $2.48.

On the other hand, CDW Corp and T-Mobile US have a more solid payout ratio, with trailing EPS comfortably supporting their quarterly rates. Honeywell's reset dividend following its June 29, 2026 Aerospace spin-off is another notable example, with the company's remaining business showing strong coverage math.