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EXDATE

Merck

MRKTrading

Dividend · dMRK-2026Q4

Robinhood Chain · Mainnet

Ex-date in
28d09h40m00s
Payment window Oct 27, 2026
Event right
$0.7817
+3.17%
Indicative payout
$0.81
per unit
Implied yield
3.67%
annualised
24h volume
$305K
Total liquidity
$1.12M
Separated supply
1.43M
dMRK-2026Q4
Principal locked
1.43M
MRK
Settlement
96.9%
terms declared
Event right
$0.7817−1.27%1M
$0.7817
Announced
Aug 1Aug 31
Event right priceDeclared payout $0.81Lifecycle markers · ex-date Sep 29

How this event settles

Locked MRK
1.43M units in the event vault
pMRK
Principal token
dMRK-2026Q4
Distribution token
Corporate distribution
$0.81 per unit, cash settlement
dMRK-2026Q4 holder redeems
Rights are burned against the delivered distribution

Timeline

  1. AnnouncedAug 06, 2026

    Terms published by the issuer

  2. Ex-dateSep 29, 2026

    Eligibility closes at the vault

  3. Record dateSep 30, 2026

    Holders of record are fixed

  4. PaymentOct 27, 2026

    Distribution reaches the settlement adapter

Composition

Underlying
Merck (MRK)
Sector
Health Care
Event type
Quarterly dividend
Principal token
pMRK
Distribution token
dMRK-2026Q4
Settlement method
Cash settlement
Eligibility window
Aug 06, 2026 — Sep 29, 2026
Declared payout
$0.81 per unit
Separated supply
1.43M dMRK-2026Q4
Principal locked
1.43M MRK
Quoted spread
27 bps
Network
Robinhood Chain · Mainnet

Vault addresses are published once the corresponding contracts are deployed and verified for this network.

Recent market activity

SidePriceSizeTime
Buy$0.78183,61027m
Sell$0.77931,46049m
Sell$0.78586801h
Sell$0.78182,9601h
Sell$0.78522,2101h
Sell$0.78013,7702h
Buy$0.78335502h
Sell$0.77953,1902h

Risk

  • Settlement risk

    The issuer may amend or cancel a declared corporate action. If the payout changes, the amount delivered per right changes with it.

  • Liquidity risk

    Depth in this market is $1.12M. Large orders move the price, and rights may be difficult to exit close to the ex-date.

  • Principal lock

    Principal tokens cannot be redeemed for the underlying until settlement completes on Oct 27, 2026.

  • Eligibility

    Only units held by the event vault at the ex-date are eligible. Deposits made after the ex-date do not receive the distribution.

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