Data · Dividend Cuts · monthly
Dividend Cuts, July 2026
Final · Period 2026-07-01 to 2026-08-01 · Generated September 24, 2026
Abstract
4 listed dividend payers reduced a regular dividend in July 2026, against 38 increases (9.5 increases per cut).
The median cut was 59.7%; the largest was MSB at 79.2%.
2 of the 3 scored cutters (67%) carried a dividend safety grade of C or lower before the cut.
Key figures
- Dividend cuts
- 4
- Increases in the same period
- 38
- Increases per cut
- 9.5
- Median cut
- 59.7%
- Cutters graded C or lower beforehand
- 67%
- 2 of 3 scored
1.All cuts, largest first
| Ex-date | Ticker | Company | Sector | Before | After | Change | Grade before | Market cap |
|---|---|---|---|---|---|---|---|---|
| 2026-07-30 | MSB | Mesabi Trust | Basic Materials | $0.2400 | $0.0500 | -79.2% | C | $261M |
| 2026-07-02 | MSIF | MSC Income Fund, Inc. | Financial Services | $0.3600 | $0.1100 | -69.4% | — | $558M |
| 2026-07-30 | CAG | Conagra Brands, Inc. | Consumer Defensive | $0.3500 | $0.1750 | -50.0% | B | $7.0B |
| 2026-07-02 | CIG | Companhia Energética de Minas Gerais - CEMIG | Utilities | $0.0480 | $0.0430 | -10.4% | C | $5.9B |
2.Cuts by sector
| Sector | Cuts | Median cut |
|---|---|---|
| Basic Materials | 1 | 79.2% |
| Financial Services | 1 | 69.4% |
| Consumer Defensive | 1 | 50.0% |
| Utilities | 1 | 10.4% |
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: 2026-07-01 to 2026-08-01 by ex-dividend date.
Cite this note
SmarterDividends (2026). Dividend Cuts, July 2026. https://smarterdividends.com/data/dividend-cuts/2026-07
Free to quote and reproduce with attribution and a link to this page.
For informational purposes only; not investment advice.