A quarterly cash dividend, meaning a fixed per-share payment distributed on a four-times-a-year schedule, has been declared by PSBD. The company set the amount at USD 0.36 per share. Both the ex-dividend date and record date fall on September 25, 2026, with payment to follow on October 13, 2026.
What each date means for shareholders
The ex-dividend date is the number that portfolio managers circle first. Buy PSBD shares on September 25, 2026 or afterward, and this distribution is not yours. Standard equity settlement cycles mean the effective qualifying window closes before the date itself, a timing detail retail buyers sometimes miss.
The record date, also September 25 in this case, is when PSBD takes the official snapshot of its shareholder register. Anyone appearing on that list receives the payment. Here, the ex-dividend and record dates coincide, which is the norm under current settlement conventions.
From record date to payment
PSBD will distribute USD 0.36 per share on October 13, 2026. That is eighteen calendar days after the record date, a gap that allows the company to compile the verified shareholder list and process the transfer to each eligible account.
What was declared versus what is only projected
The declared dividend schedule is quarterly. What that means precisely: PSBD's board has approved this particular USD 0.36 per share payment and signaled a quarterly cadence. It does not guarantee any future amount. Each subsequent quarter requires a separate board vote, and the source makes no representation about the rate or size of distributions beyond this one.
The October 13 payment date is the last confirmed fact on the calendar for this cycle.