4 Dividend Stocks Paying Cash Soon. The Ex-Dividend Clock Is Ticking
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Four income stocks share one deadline this week. Capital Southwest (NASDAQ:CSWC), Burke & Herbert Financial Services (NASDAQ:BHRB), First Community Bankshares (NASDAQ:FCBC), and CB Financial Services (NASDAQ:CBFV) all go ex-dividend on Friday, November 13, 2026. That leaves three trading sessions, today through Thursday, to qualify for the payment. Each also passed a coverage check, so earnings support the yields.
Here is the schedule: you must own the shares before the ex-dividend date to collect the payment, and the pay date is when the cash arrives. Under T+1 settlement, the record date and ex-dividend date fall on the same day, making Thursday, November 12 the last day to buy all four names below.
Capital Southwest (CSWC): A Near-10% Monthly Payer on a Short Fuse
Capital Southwest pays monthly. Its next regular installment of $0.1934 per share has an ex-date and record date of November 13, 2026, and a pay date of November 30, 2026. The regular rate annualizes to $2.3208, which works out to a yield of about 9.9% at the $23.50 share price (if a 30-day payment schedule is the appeal, we rounded up seven other monthly payers in a free report here). That yield has held up even as the shares climbed 26.38% over the past year. Separately, a $0.06 supplemental dividend is tied to a December 15 record date.
For a business development company, the coverage test is net investment income (NII), and here the margin is thin. Pre-tax NII of $0.58 per share in fiscal Q2 exactly matched the $0.58 regular quarterly dividend. On adjusted NII of $0.56, the payout ratio comes to about 104%. The reserve is an estimated $0.92 per share of undistributed taxable income.
Credit needs monitoring: non-accruals ticked up to 1.4% of the portfolio at fair value, regulatory debt-to-equity rose to 1.00x from 0.91x, and $13.4 million in net realized and unrealized losses cut GAAP earnings to $0.33 per share. On the positive side, the portfolio yield rose to 11.1% after a record $391.0 million origination quarter. Management estimates that every 25 bps move in base rates shifts annual NII by about $0.06 per share, so that a rate cut would squeeze an already tight margin. Our deeper look at whether Capital Southwest’s dividend is safer than it looks covers the full picture.
Burke & Herbert Financial Services (BHRB): Biggest Check in the Group
Burke & Herbert’s quarterly dividend of $0.55 per share is the largest per-share payment in this group. It goes ex on November 13, 2026, and has a pay date of December 1, 2026. Its $2.20 annual rate yields about 3.1% at $70.68, and the shares are up 20.99% over the past year.
Earnings per share is the right measure for a bank, and coverage is wide. Q3 adjusted EPS of $2.14 puts the payout ratio near 26%. Even GAAP EPS of $1.78, which included $9.139 million in pretax LINKBANCORP merger costs, means only about 31%. The FTE net interest margin expanded to 4.21%. One item to keep an eye on: nonperforming loans rose $12.7 million to $108.0 million as the merged loan book settles in.
First Community Bankshares (FCBC): A 41-Year Payer Fresh Off a Raise
First Community Bankshares goes ex on November 13, 2026, with a $0.33 quarterly dividend and a pay date of November 27, 2026. That rate is up from $0.31 earlier in 2026 and continues 41 consecutive years of regular quarterly payments. At $45.80, the $1.32 forward rate yields about 2.9%. The trailing total is higher because it includes a one-time $1 payment in January, so don’t annualize that figure.
Coverage is comfortable. Adjusted EPS of $0.78 means a payout ratio of about 42%, and GAAP EPS came in higher at $0.81. The net interest margin held at 4.46%, and nonperforming loans were just 0.64% of total loans. The stock slipped 4.04% in the past week, which nudged the yield higher. However, it is still up 48.55% over 12 months, so the higher yield reflects a short-term dip within a strong 12-month run.
CB Financial Services (CBFV): Small Bank, Steady Raises
CB Financial Services’ $0.28 quarterly dividend goes ex on November 13, 2026, and has a pay date of November 27, 2026. Its annual rate of $1.12 yields about 2.7% at $41.20. The quarterly rate has risen from $0.26 in late 2025.
Adjusted EPS is the cleaner measure here. GAAP EPS of $0.99 was lifted by a $462,000 tax benefit that cut the effective tax rate to 8.5%. On adjusted EPS of $0.91, the payout ratio is about 31%. The net interest margin expanded to 3.75%, nonperforming loans sit at 0.28% of total loans, and loss reserves cover 311.8% of nonperforming assets. The soft spot was revenue of $16.02 million, which missed expectations by 1.42%.
Thursday Is the Last Chance to Lock In These Payments
Buying a stock for one payment rarely pays off by itself, because share prices typically drop by about the dividend amount when they go ex. These four stand out because the payouts are covered: the three banks pay out well under half their earnings, while Capital Southwest relies on its spillover income margin. Whatever you decide, the deadline is fixed. You will miss this round of payments unless you own the shares by the close on Thursday, November 12.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
