CION BDC — Cion Investment Corp
Cion Investment Corp (CION)
CION is a BDC. As of September 3, 2026, its distribution rate is 16.11%, its trailing-12-month yield is 15.76%. Dividend Vision Distribution Safety Score™ is 34/100 (Elevated risk). Total return is 25.8% over the past 4.9 years, 64.6 points behind SPY at 90.4%.
At the current 16.11% distribution rate, a $10,000 investment would generate approximately $1,611 per year, or $134.25 per month on an equivalent basis.
CION dividend yield and income
Data as of September 3, 2026.
The distribution rate (16.11%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (15.76%) is the last year of payments divided by the current price. The next declared dividend is $0.10. The next ex-dividend date is 09/11/2026. It is scheduled to be paid on 09/25/2026. At 16.11%, $10,000 would generate about $1,611 a year ($134.25 monthly-equivalent).
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-08-14 | $0.1 | 0.0% |
| 2026-07-17 | $0.1 | 0.0% |
| 2026-06-12 | $0.1 | 0.0% |
| 2026-05-15 | $0.1 | 0.0% |
| 2026-04-10 | $0.1 | 0.0% |
| 2026-03-13 | $0.1 | 0.0% |
| 2026-02-13 | $0.1 | 0.0% |
| 2026-01-16 | $0.1 | N/A |
| 2025-12-01 | $0.36 | 0.0% |
| 2025-09-02 | $0.36 | 0.0% |
| 2025-06-02 | $0.36 | 0.0% |
| 2025-03-28 | $0.36 | 620.0% |
| 2024-12-30 | $0.05 | -86.1% |
| 2024-12-02 | $0.36 | 0.0% |
| 2024-09-03 | $0.36 | 620.0% |
| 2024-06-28 | $0.05 | -86.1% |
| 2024-06-03 | $0.36 | 5.9% |
| 2024-03-21 | $0.34 | 580.0% |
| 2023-12-28 | $0.05 | N/A |
| 2023-12-21 | $0.15 | N/A |
| 2023-11-30 | $0.34 | 580.0% |
| 2023-09-28 | $0.05 | -85.3% |
| 2023-08-31 | $0.34 | 0.0% |
| 2023-05-31 | $0.34 | 0.0% |
| 2023-03-23 | $0.34 | 25.9% |
| 2022-12-29 | $0.27 | -12.9% |
| 2022-11-30 | $0.31 | 0.0% |
| 2022-08-31 | $0.31 | 10.7% |
| 2022-05-31 | $0.28 | 0.0% |
| 2022-03-22 | $0.28 | 40.0% |
| 2021-12-15 | $0.2 | N/A |
| 2021-11-30 | $0.26 | — |
| 2021 total (partial launch year) | $0.46 | — |
| 2022 total (cadence changed) | $1.45 | — |
| 2023 total | $1.61 | 11.0% |
| 2024 total | $1.52 | -5.6% |
| 2025 total | $1.44 | -5.3% |
| 2026 YTD total (cadence changed) | $0.8 | -25.9% vs prior-year YTD |
CION dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -22.1%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -7.43%.
| Window | Change |
|---|---|
| 1Y | -22.1% |
| 3Y | -27.5% |
| 5Y | 0.0% |
CION holdings and sector exposure
Holdings are not available for this snapshot.
CION performance versus SPY
Data as of September 3, 2026.
Total return is 25.8% over the past 4.9 years, 64.6 points behind SPY at 90.4%. Its deepest 1-year drawdown was 36.3%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (4.9 years) | 25.8% | 4.80% |
| 3Y CAGR | — | 2.30% |
CION key facts
Data as of September 3, 2026.
- Distribution Safety Score™
- 34 · Elevated risk
- Safety-Adjusted Yield
- 5.48%
- Issuer
- CION Investments
- Asset type
- BDC
- Asset class
- Equity
- Inception date
- 10/05/2021
- Distribution rate
- 16.11%
- Distribution frequency
- Monthly
- Trailing yield
- 15.76%
- Last close
- $7.36
- Market cap
- $362,131,901
- Average volume
- 316913.0
- Next dividend
- $0.10
- Next ex-dividend date
- 09/11/2026
- Next payment date
- 09/25/2026
- Beta
- 1.083
- Payout ratio
- 0.4255
- P/E ratio
- 122.67
- Forward P/E
- 7.8927
- EPS
- $0.06
How Dividend Vision calculates yield and returns
Distribution rate (16.11%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (15.76%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of September 3, 2026.
Primary sources: CION Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
CION risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 36.3%.
Who may consider CION — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does CION pay monthly?
Yes. CION currently pays monthly.
What is CION's dividend yield?
CION currently yields 16.11%, paid monthly.
How has CION's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -22.1%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does CION pay a dividend?
CION pays monthly. The next declared dividend is $0.10. The next ex-dividend date is 09/11/2026. It is scheduled to be paid on 09/25/2026.
How has CION performed?
Total return is 25.8% over the past 4.9 years, 64.6 points behind SPY at 90.4%. Its deepest 1-year drawdown was 36.3%.
Is CION a good investment?
CION's Dividend Vision Distribution Safety Score is 34 (Elevated risk). That is a risk signal, not investment advice. It currently yields 16.11%. Compare peers below rather than treating any single figure as a buy or sell.
More securities from CION Investments.
Tickers
| Ticker | Name | Weight |
|---|