About Switchback II Corporation (SWBK) — Dividend Analysis 2026
Switchback II Corporation focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in Dallas, Texas.
Is SWBK a good dividend investment in 2026?
SWBK offers a 21.39% forward yield with a 50% payout ratio. Strand Safety Score: 24/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
SWBK DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SWBK portfolio grows to $69.5K vs $31.4K without reinvestment. This is the compound interest effect in action.
SWBK dividend growth history & forecast
SWBK 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 21.39%.
FCF data unavailable — payout ratio is moderate — using payout ratio as proxy
Debt Leverage
12 / 30 pts
12/30
Debt/EBITDA data not available for this ticker
Earnings Momentum
0 / 30 pts
0/30
Single year of data shows a net loss
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
24
/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.
🌍 SWBK Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SWBK.
Gross yield
21.39%
Tax rate
15.00%
After-tax yield
18.18%
Real yield (−CPI)
15.38%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
21.39%
18.59%
$2,139 / yr
🇺🇸 US Taxable (15%) ✓
15%
18.18%
15.38%
$1,818 / yr
🇺🇸 US Taxable (20%)
20%
17.11%
14.31%
$1,711 / yr
🇬🇧 UK ISA
0%
21.39%
18.59%
$2,139 / yr
🇬🇧 UK Taxable
8.75%
19.52%
16.72%
$1,952 / yr
🇨🇦 TFSA
0%
21.39%
18.59%
$2,139 / yr
🇨🇦 CA Taxable
25%
16.04%
13.24%
$1,604 / yr
🇦🇺 Super (pension)
15%
18.18%
15.38%
$1,818 / yr
🇦🇺 AU Taxable
30%
14.97%
12.17%
$1,497 / yr
🇩🇪 DE Taxable
26.375%
15.75%
12.95%
$1,575 / yr
🇫🇷 FR Taxable
30%
14.97%
12.17%
$1,497 / 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.
🎯 SWBK Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your SWBK investment of $9.35/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$43.2K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$40.7K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in SWBK for:
Shares needed
14,118
Capital required
$132,003
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SWBK Dividend Payment Schedule
SWBK 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
📊 SWBK vs Financial Services Benchmarks
How SWBK compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+18.49% vs sectorBetter
SWBK
21.39%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
SWBK
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
SWBK
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SWBK sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ SWBK Insider Activity
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
Stoutner Sam
director, 10 percent owner:
J-Other
2021-11-03
7,826,250
—
—
Kubis Raymond R
director
J-Other
2021-11-03
25,000
—
—
Kubis Raymond R
director
J-Other
2021-11-03
40,000
—
—
Kubis Raymond R
director
J-Other
2021-11-03
5,000
$11.50
$57.5K
DEUTCH PHILIP J
director, 10 percent owner:
J-Other
2021-11-03
7,826,250
—
—
CARTER CHRISTOPHER G
director, 10 percent owner:
J-Other
2021-11-03
7,826,250
—
—
Mutrie James E.
director, 10 percent owner, officer: Co-CEO
J-Other
2021-11-03
100,000
—
—
Mutrie James E.
director, 10 percent owner, officer: Co-CEO
J-Other
2021-11-03
7,826,250
—
—
Mutrie James E.
director, 10 percent owner, officer: Co-CEO
J-Other
2021-11-03
20,000
$11.50
$230.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
📊 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 SWBK 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 →