A cash dividend, meaning a direct payment of money distributed to shareholders rather than additional equity in the fund, is due to FPEFX holders at nine cents per share. The fund has set August 31, 2026 as the ex-dividend date, the record date, and the payment date, placing all three milestones on the same day. The declared distribution schedule is monthly.
What each of the August 31 dates means
Three dates appear in every dividend announcement, and each does a distinct job. The ex-dividend date is the ownership cutoff: it is the first day on which a buyer of shares no longer qualifies for the upcoming payment. The record date is when the fund checks its shareholder register to confirm who is eligible. The payment date is when money transfers to accounts.
In most schedules, these dates fall a few days apart. Here, all three land on August 31, 2026. A shareholder of FPEFX who holds their position before that date receives the nine-cent payment. A buyer who enters on August 31 itself does not qualify for this distribution.
What monthly distributions mean for income investors
Most dividend-paying funds and equities operate on a quarterly schedule, four payments over twelve months. FPEFX has declared a monthly program, which sets the cadence at twelve annual distributions.
For investors who draw regular income from holdings, the frequency of payment affects how cash arrives. Monthly distributions deliver cash twelve times rather than four. Whether that frequency matters depends on how an investor draws from their portfolio.
The declared amount for the August 31 distribution is USD 0.09 per share.