Reminder: Shift4 Payments' Series A Preferred Stock Goes Ex-Dividend Soon

Shift4 Payments' 6.00% Series A Mandatory Convertible Preferred Stock (FOUR.PRA) will trade ex-dividend on 4/15/26 for a quarterly dividend of $1.50 per share, payable on 5/1/26. Based on the recent share price of $56.99, the dividend implies an annualized yield of roughly 10.5% on the preferred stock. The item is routine dividend calendar information with limited expected market impact.

Analysis

Shift4 Payments' 6.00% Series A Mandatory Convertible Preferred Stock (FOUR.PRA) will trade ex-dividend on 4/15/26 for a quarterly dividend of $1.50 per share, payable on 5/1/26. Based on the recent share price of $56.99, the dividend implies an annualized yield of roughly 10.5% on the preferred stock. The item is routine dividend calendar information with limited expected market impact.