Shift4 sets date for first dividend payment on preferred stock

Shift4 Payments, Inc. has announced that it will be paying a cash dividend of $1.45 per share on August 1, 2025, to shareholders of record as of July 15, 2025, in connection with the 10,000,000 shares of 6% Series A Mandatory Convertible Preferred Stock that was issued on May 5, 2025. The Board of Directors of Shift4 made this decision, following the terms of the Mandatory Convertible Preferred Stock and the prospectus supplement filed with the Securities and Exchange Commission on May 2, 2025. The company stated that the declaration and disbursement of future quarterly dividends, if any, will be determined by the Board of Directors based on various factors, including the financial condition, operating results, and anticipated capital requirements of the company.

For further details about the Series A Mandatory Convertible Preferred Stock, investors can refer to the information within the Company’s Current Report on Form 8-K, lodged with the Securities and Exchange Commission on May 5, 2025. This information is available on the Shift4 website at investors.shift4.com.

Shift4, trading on the NYSE under the ticker symbol FOUR, is a game-changer in the world of commerce, simplifying complex payment systems globally. Leading in commerce-enabling technology, Shift4 facilitates billions of transactions annually for hundreds of thousands of businesses across various industries. For more in-depth information, interested individuals can visit the company’s official website at shift4.com.

In terms of forward-looking statements, Shift4 disclosed that this press release contains such statements within the scope of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are intended to benefit from the safe harbor provisions for such statements incorporated in Section 27A of the Securities Act of 1933, as well as Section 21E of the Securities Exchange Act of 1934. All non-historical matters mentioned are deemed forward-looking statements, including Shift4’s prospects related to the declared dividends and subsequent dividend payments. These statements are not guarantees but rather alerts to known and unknown risks, uncertainties, and significant factors that may diverge our future outcomes from future expressions or implications. Such risks include intense global competition in the financial services, payments, and payment technology industries, Shift4’s capacity to maintain and grow its share of the existing payment processing markets or venture into new territories, risks linked to international expansion like adhering to foreign government regulations and foreign exchange exposures, and the ability to integrate our services and products with a range of operating systems, software, devices, and web browsers. These factors are discussed in Shift4’s filings with the SEC, under the heading “Risk Factors.” The forward-looking statements in this press release reflect the management’s expectations as of the date of this statement.