CION's Rising Non-Accruals: What They Mean for Dividend Safety in 2026

Key Takeaways CION's non-accruals rose to 1.75% of fair value in Q3 2025, reversing earlier credit improvement.CION reported NAV per share of $14.86, down from $15.73 a year earlier, signaling balance sheet pressure.CION will begin monthly dividends in Jan 2026, but sustainability hinges on credit trends and earnings.CION Investment Corporation (CION) offers a double-digit dividend yield, but income investors should keep the spotlight on credit quality and balance sheet momentum. In 2025, two signals moved ...