SmarterDividends
CION

CION Investment Corporation

CION

Financial Services · Stock · monthly payer

Forward Yield

17.34%

Annual Dividend

$1.20

Payout Ratio

294%

5-Yr Growth

Ex-Date

Jun 12, 2026

Frequency

Monthly

CION Dividend Safety Score

37/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage294% of earnings paid out
Free-cash-flow coverage107% of free cash flow
Balance-sheet strengthDebt/equity of 1.76
Yield vs its historyYield is 1.5× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CION a good dividend stock?

Higher risk

CION Investment Corporation (CION) pays a monthly dividend yielding 17.34% ($1.20/yr), with 4 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (294%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    17.34%
    Payout Ratio
    294%
    Annual Dividend
    $1.20
    5-Yr Avg Growth
    Ex-Dividend Date
    Jun 12, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    1.07
    Market Cap
    $344.5M
    P/E Ratio
    5-Yr Total Return
    -46%
    52-Week Range
    $6.50 – $10.93
    Dividend Safety
    D · 37/100
    Ever Cut?
    Yes (2023)
    CION ex-dividend date & scheduleNext ex-date Jun 12, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.20 / yr per share

    Per payment (monthly)$10.00
    Annual$120.00
    Monthly avg$10.00