Data · Dividend Cuts · monthly
Dividend Cuts, September 2026
Preliminary · Period 2026-09-01 to 2026-10-01 · Generated September 23, 2026 · updates daily until the period closes
Abstract
4 listed dividend payers reduced a regular dividend in September 2026, against 76 increases (19.0 increases per cut).
The median cut was 41.7%; the largest was TU at 54.7%.
3 of the 4 scored cutters (75%) carried a dividend safety grade of C or lower before the cut.
2 cuts came from companies above $10B in market value: TU, NTES.
Key figures
- Dividend cuts
- 4
- Increases in the same period
- 76
- Increases per cut
- 19.0
- Median cut
- 41.7%
- Cutters graded C or lower beforehand
- 75%
- 3 of 4 scored
1.All cuts, largest first
| Ex-date | Ticker | Company | Sector | Before | After | Change | Grade before | Market cap |
|---|---|---|---|---|---|---|---|---|
| 2026-09-10 | TU | TELUS Corporation | Communication Services | $0.3000 | $0.1360 | -54.7% | B | $13.5B |
| 2026-09-01 | WEN | The Wendy's Company | Consumer Cyclical | $0.1400 | $0.0700 | -50.0% | C | $1.3B |
| 2026-09-03 | NTES | NetEase, Inc. | Communication Services | $0.7200 | $0.4800 | -33.3% | C | $76.0B |
| 2026-09-15 | FDUS | Fidus Investment Corporation | Financial Services | $0.6200 | $0.5000 | -19.4% | D | $768M |
2.Cuts by sector
| Sector | Cuts | Median cut |
|---|---|---|
| Communication Services | 2 | 44.0% |
| Consumer Cyclical | 1 | 50.0% |
| Financial Services | 1 | 19.4% |
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: 2026-09-01 to 2026-10-01 by ex-dividend date.
Cite this note
SmarterDividends (2026). Dividend Cuts, September 2026. https://smarterdividends.com/data/dividend-cuts/2026-09
Free to quote and reproduce with attribution and a link to this page.
For informational purposes only; not investment advice.