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PAX declares USD 0.1625 quarterly cash dividend, payable September 14

USD 0.1625 per share is the quarterly cash dividend PAX has declared, placing the annualized run-rate at USD 0.65 on a four-quarter cadence. Both the ex-dividend date and the record date fall on August 10, 2026. Payment follows on…

By Lena Park·Aug 3, 2026·1 min read·deals

Key takeaways

  • PAX declared a quarterly cash dividend of USD 0.1625 per share, implying an annualized run-rate of USD 0.65 across four quarters.
  • The ex-dividend date and the record date both fall on August 10, 2026.
  • The dividend is payable on September 14, 2026, 35 calendar days after the record date.
  • To qualify for the dividend, shares must be acquired on the trading day immediately before August 10, since shares bought on or after August 10 do not carry the dividend.
  • The corporate action discloses no additional financial metrics beyond the USD 0.1625 per-share figure and no change to the dividend schedule.

USD 0.1625 per share is the quarterly cash dividend PAX has declared, placing the annualized run-rate at USD 0.65 on a four-quarter cadence. Both the ex-dividend date and the record date fall on August 10, 2026. Payment follows on September 14, 2026, a 35-calendar-day settlement window from record date to cash.

The math and the schedule

Quarterly at USD 0.1625. Multiply by four periods and the implied annual figure is USD 0.65 per share, assuming PAX holds the declared cadence through the year. No change to that schedule is disclosed in the corporate action.

The coincidence of ex-dividend and record date on a single calendar day, August 10, compresses the eligibility window to a hard edge. Shares bought on or after August 10 do not carry the dividend. The final session to acquire and qualify is the trading day immediately before the ex-date.

Event Date
Ex-dividend August 10, 2026
Record August 10, 2026
Payment September 14, 2026

What the payment represents

USD 0.1625 per share, contracted for this quarter. The corporate action discloses no additional financial metrics beyond that per-unit figure. Shareholders of record as of August 10 receive that amount per share held, with cash settling on September 14.

The 35-day gap between record date and payment is within the standard range for quarterly cash distributions. At USD 0.1625 declared, the math is clean and the schedule is set.

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Frequently asked

How much is PAX's quarterly dividend and what is the annualized amount?

PAX declared USD 0.1625 per share for the quarter, which implies an annualized figure of USD 0.65 per share assuming the cadence holds through the year.

When do I need to own PAX shares to receive this dividend?

You must own the shares by the trading day immediately before August 10, 2026, because both the ex-dividend and record dates are August 10 and shares bought on or after that date do not carry the dividend.

When will the dividend be paid?

The dividend is payable on September 14, 2026, which is 35 calendar days after the record date.

Who is eligible to receive the payment?

Shareholders of record as of August 10, 2026 receive USD 0.1625 per share held, with cash settling on September 14, 2026.