3 Dividend Stocks With a Deadline Today. Miss It and You Miss the Check

Three dividend stocks begin trading without their next payment on October 9, 2026: U.S. Global Investors (NASDAQ:GROW), Riverview Bancorp (NASDAQ:RVSB) and CF Bankshares (NASDAQ:CFBK). Today, Thursday, October 8, is the last trading day to buy shares and still qualify for the next payment. The list’s yields range from about 1.1% to 3.1%, so how well each payout is covered matters more here than how big it is. All three pass that test, and one has a history worth pointing out.

How the timing works: the ex-dividend date is the first day a stock trades without its next payment attached, so you must own shares before that session opens. The pay date is simply when the cash lands in your account.

U.S. Global Investors (GROW): A Monthly Check Backed by a Debt-Free Balance Sheet

U.S. Global Investors pays a monthly dividend of $0.0075 per share, or $0.09 annualized. At the $2.90 October 7 close, that works out to a yield of about 3.1%, the highest on this list. The ex-dividend date is October 9, 2026, with a record date of October 12 and a pay date of October 26. To collect this check, you need to buy by today’s close. The board has also declared payments at the same rate with ex-dates of November 16 and December 14 (if a 30-day payment schedule appeals, we rounded up seven of our favorite monthly payers in a free report here).

For an asset manager, earnings per share is the right measure. Fiscal 2026 EPS came in at $0.24, up from a net loss of $0.03 per share the year before. That puts the payout ratio at about 37.5%. Revenue rose 21% to $10.25 million as period-end assets under management climbed 26% to $1.7 billion. The company holds $24.3 million in cash and no debt, and that reserve is what kept the dividend going through last year’s loss.

The risk is that the fee base is small and depends on the market. Earnings at this size can move quickly when fund assets contract. Shares are up 23.22% year to date, so the yield has come down this year because the price rose. Over five years, though, the stock is down 41.92%.

Riverview Bancorp (RVSB): Solid Coverage, but It Has Cut Before

Riverview pays $0.02 per share each quarter, or $0.08 annualized. That is a yield of about 1.4% at the $5.85 close. The payment was declared September 25, goes ex-dividend October 9, 2026 and pays October 20. Today is the last day to buy for this payment.

EPS is the right base for coverage at a bank. In its fiscal first quarter, Riverview earned $0.08 per share, beating the $0.07 estimate. The quarterly dividend took about 25% of that. Net interest margin expanded to 3.34%, up 56 basis points from a year earlier, after the bank sold $149.3 million of lower-yielding bonds in March 2026.

There is a warning flag here. Through early 2024 the dividend was $0.06 a quarter. It dropped to the current $0.02 starting with the July 2024 payment. Classified assets have more than doubled to $29.9 million, and non-performing loans stand at 0.80% of loans. Earnings cover the payout for now, but credit quality will decide whether that holds up.

CF Bankshares (CFBK): Low Payout Ratio and a Rising Dividend

CF Bankshares pays $0.09 per share each quarter, or $0.36 annualized. At the $34.11 close, that is a yield of about 1.1%. The board declared the payment on October 1. It goes ex-dividend October 9, 2026, with a record date of October 12 and a pay date of October 20. To collect it, you need to buy by today’s close.

This one has the highest coverage of the three. First-quarter EPS of $0.77 missed the $0.81 estimate, but the quarterly dividend used only about 11.7% of that. Net income rose 13% to $5.02 million, and core commercial loans grew $45 million, or 15% annualized. The dividend has climbed from $0.03 a quarter in 2021, with the most recent increase from $0.08 to $0.09 coming with the January 2026 payment.

The yield is low mainly because the stock has rallied. Shares are up 37.96% year to date and 42.43% over the past year. One thing to watch is the net interest margin of 2.69%, which is thin. First-quarter revenue also came in 9.71% below expectations.

Before You Hit Buy

It’s worth noting that buying a stock for a single dividend payment is not a strategy. Share prices usually drop by about the dividend amount when trading begins without the next payment, so a single check of $0.02 or $0.09 only adds up if you plan to hold the business. What matters is whether earnings keep covering the payout, and all three cover it today. Miss today’s close, and the October payment goes to whoever owned the shares before October 9.

Contact [email protected] for any questions or corrections.