Shareholders who own stock in PEMDF before a specific cutoff date will receive just over 22 cents in cash for every share they hold. That cutoff is called the ex-dividend date, and it matters because someone who buys shares on or after that date does not collect the upcoming payment even if they own the stock when the money goes out. PEMDF set that date at September 11, 2026, with the declared cash dividend at USD 0.2208 per share.
What the September 11 date actually means
Two dates fall on September 11: the ex-dividend date and the record date. They are related but not identical. The record date is when the company formally checks its shareholder list to see who qualifies for the payment. The ex-dividend date is set to account for the fact that stock trades take time to settle. A purchase made on September 11 will not appear in ownership records before the record date closes, so that buyer misses this round. In plain terms: qualifying for this payment required holding shares before September 11.
A declared dividend is an amount the company has formally committed to pay, as opposed to a projected or anticipated distribution that could still be revised.
The payment
PEMDF will distribute USD 0.2208 per share as a cash dividend on September 17, 2026. Cash dividend means the payout arrives as money, not additional shares of stock. The six-day gap between the record date and the payment date gives the company time to reconcile its books and arrange transfers to qualifying accounts.
This distribution follows a quarterly schedule, meaning PEMDF makes four payments a year at roughly three-month intervals. The September payout is one installment in that cycle. The four decimal places in the per-share figure reflect standard dividend math: dividing a total pool across many shares often produces amounts that require precision below a cent.