- Shift4 Payments (FOUR, Financial) declares a dividend of $1.45 per share for Series A Mandatory Convertible Preferred Stock.
- Dividend to be paid on August 1, 2025, to holders on record as of July 15, 2025.
- Future dividend declarations will depend on several business factors considered by the Board.
Shift4 Payments, Inc. (FOUR) has announced the declaration of a dividend for its Series A Mandatory Convertible Preferred Stock. The Board of Directors has set a cash dividend of $1.45 per share, payable on August 1, 2025. Investors eligible must hold shares on record by the close of business on July 15, 2025.
Initially issued on May 5, 2025, the Series A Preferred Stock carries an annual dividend rate of 6%. This declaration aligns with the company’s commitment to its preferred shareholders outlined in the prospectus supplement filed earlier this year with the Securities and Exchange Commission (SEC).
The decision to declare future quarterly dividends will be influenced by various factors, including Shift4's operational results, financial health, and capital needs. Investors can find further details about the Series A Mandatory Convertible Preferred Stock in the company's Current Report on Form 8-K, filed with the SEC.
Shift4, a leading player in commerce-enabling technology, powers a vast number of transactions across numerous industries, reflecting its significant role in the financial services and payments landscape.
