Data · Dividend Cuts · monthly
Dividend Cuts, May 2026
Final · Period 2026-05-01 to 2026-06-01 · Generated September 23, 2026
Abstract
3 listed dividend payers reduced a regular dividend in May 2026, against 74 increases (24.7 increases per cut).
The median cut was 81.6%; the largest was CCAP at 92.9%.
3 of the 3 scored cutters (100%) carried a dividend safety grade of C or lower before the cut.
1 cut came from companies above $10B in market value: EMBJ.
Key figures
- Dividend cuts
- 3
- Increases in the same period
- 74
- Increases per cut
- 24.7
- Median cut
- 81.6%
- Cutters graded C or lower beforehand
- 100%
- 3 of 3 scored
1.All cuts, largest first
| Ex-date | Ticker | Company | Sector | Before | After | Change | Grade before | Market cap |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | CCAP | Crescent Capital BDC, Inc. | Financial Services | $0.4200 | $0.0300 | -92.9% | D | $360M |
| 2026-05-15 | EMBJ | Embraer S.A. | Industrials | $0.0490 | $0.0090 | -81.6% | C | $13.7B |
| 2026-05-22 | ABR | Arbor Realty Trust, Inc. | Real Estate | $0.3000 | $0.1700 | -43.3% | D | $890M |
2.Cuts by sector
| Sector | Cuts | Median cut |
|---|---|---|
| Financial Services | 1 | 92.9% |
| Industrials | 1 | 81.6% |
| Real Estate | 1 | 43.3% |
Method and definitions
- A cut is a regular payment at least 3% below the prior payment and at least 10% below the payment a year earlier, but not below 30% of it; near-total reductions are classified as variable payouts and excluded. Special dividends are excluded.
- Universe: U.S.-listed dividend payers tracked by SmarterDividends; OTC and ADR duplicate listings are excluded. Grade before the cut is the dividend safety grade recorded at detection.
- Period: 2026-05-01 to 2026-06-01 by ex-dividend date.
Cite this note
SmarterDividends (2026). Dividend Cuts, May 2026. https://smarterdividends.com/data/dividend-cuts/2026-05
Free to quote and reproduce with attribution and a link to this page.
For informational purposes only; not investment advice.