Shift4 Payments, Inc. (NYSE: FOUR) announced today that its Board of Directors has declared a dividend of $1.50 per share on its 10,000,000 shares of 6% Series A Mandatory Convertible Preferred Stock. The dividend will be paid in cash on November 3, 2025 to holders of record as of the close of business on October 15, 2025.
The Series A Preferred Stock, issued on May 5, 2025, carries a 6% annual dividend rate and is convertible into common stock under specified terms. The declaration marks the first dividend payment for this preferred class, providing a return to investors who hold the preferred shares.
While the dividend does not affect the company’s common equity or operating cash flow, it signals management’s confidence in the firm’s financial position and its ability to generate sufficient cash to reward preferred shareholders. The payment is subject to the board’s discretion for future dividends, as outlined in the company’s prospectus supplement.
The declaration is part of Shift4’s broader capital allocation strategy, which includes recent debt and equity issuances to fund acquisitions and support growth initiatives. Investors will monitor the company’s cash flow statements for any impact on future dividend policy or capital expenditures.
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