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A cash dividend is a company paying money directly from its treasury to shareholders, with each person receiving a fixed dollar amount per share they own. SHIP declared one at USD 0.35 per share on a quarterly schedule.
The shares go ex-dividend September 25, 2026, and the payment reaches accounts on October 9.
How the three dates govern who gets paid Every dividend comes with three specific dates, and the most consequential for most investors is the ex-dividend date.
September 25 is both the ex-dividend date and the record date for this SHIP distribution. The ex-dividend date is the eligibility cutoff: own shares before that date and you receive USD 0.35 per share.
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