Shift4 Announces Fourth Dividend Date for Mandatory Convertible Preferred Stock
Shift4 Announces Fourth Dividend Date for Mandatory Convertible Preferred Stock
Shift4 Payments, Inc. (“Shift4” or the “Company”) (NYSE: FOUR), announced in connection with the 10,000,000 shares of 6% Series A Mandatory Convertible Preferred Stock issued on May 5, 2025, consistent with the terms laid out in the offering, the Board of Directors has declared a dividend of $1.50 per share to be paid in cash on May 1, 2026 to holders of record as of the close of business on April 15, 2026.
Subject to the terms of the Mandatory Convertible Preferred Stock, and as described further in the prospectus supplement filed by the Company with the Securities and Exchange Commission on May 2, 2025, the declaration and payment of future quarterly dividends, if any, will be at the sole discretion of the Board of Directors based on its consideration of various factors, including the company’s operating results, financial condition and anticipated capital requirements.
Additional information regarding the Series A Mandatory Convertible Preferred Stock can be found within the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 5, 2025, which can be accessed via the Company’s website at investors.shift4.com.
Shift4 is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. They offer an end-to-end solution that reduces costs, improves operations, and enhances the guest experience— whether operating independent hotels, boutique properties, inns, resorts, hotel franchise properties, or an entire hotel chain. Shift4’s end-to-end solution delivers unmatched incentives: Signing bonus up to $5,000 Free EMV devices Waived gateway fees Lowest total cost to accept payments
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