About Conyers Park III Acquisition Corp. (CPAAU) — Dividend Analysis 2026
Conyers Park III Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the consumer sector and consumer-related businesses. The company was incorporated in 2021 and is based in Naples, Florida.
Is CPAAU a good dividend investment in 2026?
CPAAU offers a 19.49% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
CPAAU DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your CPAAU portfolio grows to $59.4K vs $29.5K without reinvestment. This is the compound interest effect in action.
CPAAU dividend growth history & forecast
CPAAU has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 19.49%.
Company generates negative FCF ($-994,537) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+0.0B → +0.0B → +0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 CPAAU Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold CPAAU.
Gross yield
19.49%
Tax rate
15.00%
After-tax yield
16.57%
Real yield (−CPI)
13.77%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
19.49%
16.69%
$1,949 / yr
🇺🇸 US Taxable (15%) ✓
15%
16.57%
13.77%
$1,657 / yr
🇺🇸 US Taxable (20%)
20%
15.59%
12.79%
$1,559 / yr
🇬🇧 UK ISA
0%
19.49%
16.69%
$1,949 / yr
🇬🇧 UK Taxable
8.75%
17.78%
14.98%
$1,778 / yr
🇨🇦 TFSA
0%
19.49%
16.69%
$1,949 / yr
🇨🇦 CA Taxable
25%
14.62%
11.82%
$1,462 / yr
🇦🇺 Super (pension)
15%
16.57%
13.77%
$1,657 / yr
🇦🇺 AU Taxable
30%
13.64%
10.84%
$1,364 / yr
🇩🇪 DE Taxable
26.375%
14.35%
11.55%
$1,435 / yr
🇫🇷 FR Taxable
30%
13.64%
10.84%
$1,364 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 CPAAU Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your CPAAU investment of $10.26/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$36.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$33.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in CPAAU for:
Shares needed
14,118
Capital required
$144,851
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 CPAAU Dividend Payment Schedule
CPAAU pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 CPAAU vs Financial Services Benchmarks
How CPAAU compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+16.59% vs sectorBetter
CPAAU
19.49%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
CPAAU
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
CPAAU
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for CPAAU sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ CPAAU Insider Activity
▲ 3 Buys
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Conyers Park III Sponsor LLC
10 percent owner
J-Other
2021-09-23
1,137,500
—
—
Conyers Park III Sponsor LLC
director
J-Other
2021-09-23
1,137,500
—
—
KLEIN PETER
director
Other
2021-08-09
25,000
—
—
KARCH NANCY J
director
Other
2021-08-09
25,000
—
—
KASH ARVIN
director
Other
2021-08-09
25,000
—
—
Conyers Park III Sponsor LLC
10 percent owner
Other
2021-08-09
10,062,500
—
—
Conyers Park II Sponsor LLC
10 percent owner
J-Other
2019-09-03
250,000
—
—
Schena Joseph J
director
Buy
2019-07-22
20,000
$10.00
$200.0K
Schena Joseph J
director
Buy
2019-07-22
5,000
$11.50
$57.5K
ROSENFELD IRENE B
director
Buy
2019-07-22
30,000
$10.00
$300.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🔬
Financial Health Scores
Altman Z-Score
14.63
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
2/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the CPAAU dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →