DV
Dividend Vision

FOUR-PA Stock — Shift4 Payments Inc 6% PRF CONVERT 01/05/2028 USD 100 - Ser A

Shift4 Payments Inc 6% PRF CONVERT 01/05/2028 USD 100 - Ser A (FOUR-PA)

Updated October 16, 2026.

Verdict as of October 16, 2026

FOUR-PA's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (48/100, medium confidence). It pays quarterly and its distribution rate is 11.56%. The latest total cash payment per current share, $1.50 with an ex-date of October 15, 2026, was unchanged from the previous payment. These payments are unclassified; this does not establish a base-dividend change.

Sources: Section 19a-1 notices, scoring methodology.

FOUR-PA is a Stock. its distribution rate is 11.56%, its trailing-12-month yield is 11.56%. Dividend Vision Distribution Safety Score™ is 48/100 (Unproven). Total return is -41.8% over the past 1.5 years, 80.7 points behind SPY at 38.9%.

FOUR-PA dividend yield and income

Price as of 2026-10-16.

The distribution rate (11.56%) uses calculation basis unavailable. Trailing-12-month yield (11.56%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $1.50. The ex-dividend date is 10/15/2026. The payment date is 11/02/2026.

6 recorded distributions
Ex-dateAmountChange from previous payment
2026-10-15$1.50.0%
Unclassified cash
2026-07-15$1.50.0%
Unclassified cash
2026-04-15$1.50.0%
Unclassified cash
2026-01-15$1.50.0%
Unclassified cash
2025-10-15$1.53.4%
Unclassified cash
2025-07-15$1.45—
2025 total (partial launch year)$2.95—
2026 YTD total$6—

FOUR-PA performance versus SPY

Price and return data through 2026-10-16.

Total return is -41.8% over the past 1.5 years, 80.7 points behind SPY at 38.9%. Over the past year its total return — price change plus distributions reinvested — is -36.9%. Its deepest 1-year drawdown was 45.0%.

WindowTotal returnCAGR
1M-4.2%—
3M-16.3%—
6M-8.0%—
YTD-28.5%—
1Y-36.9%—
Since inception (1.5 years)-41.8%-31.00%

FOUR-PA key facts

Distribution Safety Score™
48 · Unproven
Asset type
Stock
Asset class
Equity
Inception date
05/01/2025
Distribution rate
11.56%
Distribution frequency
Quarterly
Trailing yield
11.56%
Last close
$51.89 (as of 2026-10-16)
Average volume
9859.0
Dividend
$1.50
Ex-dividend date
10/15/2026
Payment date
11/02/2026
Beta
1.386
Payout ratio
0.0%

How Dividend Vision calculates yield and returns

Distribution rate (11.56%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FOUR-PA risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 45.0%.

Who may consider FOUR-PA — and who may not

It is a weaker fit for investors who need monthly cash flow (FOUR-PA pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FOUR-PA

Tagged: Technology, Dividend.

Frequently asked questions

Does FOUR-PA pay monthly?

No. FOUR-PA currently pays quarterly, not monthly.

What is FOUR-PA's dividend yield?

FOUR-PA's distribution rate is 11.56%, paid quarterly — calculation basis unavailable.

When does FOUR-PA pay a dividend?

FOUR-PA pays quarterly. The dividend amount is $1.50. The ex-dividend date is 10/15/2026. The payment date is 11/02/2026.

How has FOUR-PA performed?

Total return is -41.8% over the past 1.5 years, 80.7 points behind SPY at 38.9%. Over the past year its total return — price change plus distributions reinvested — is -36.9%. Its deepest 1-year drawdown was 45.0%.

Is FOUR-PA a good investment?

FOUR-PA's Dividend Vision Distribution Safety Score is 48 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 11.56% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.