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EXDATE

Microsoft

MSFTTrading

Dividend · dMSFT-2026Q4

Robinhood Chain · Mainnet

Ex-date in
25d09h40m00s
Payment window Nov 12, 2026
Event right
$0.8788
−0.11%
Indicative payout
$0.91
per unit
Implied yield
0.74%
annualised
24h volume
$1.28M
Total liquidity
$6.31M
Separated supply
7.18M
dMSFT-2026Q4
Principal locked
7.18M
MSFT
Settlement
97.3%
terms declared
Event right
$0.8788−1.69%1M
$0.8788
Announced
Aug 1Aug 31
Event right priceDeclared payout $0.91Lifecycle markers · ex-date Sep 26

How this event settles

Locked MSFT
7.18M units in the event vault
pMSFT
Principal token
dMSFT-2026Q4
Distribution token
Corporate distribution
$0.91 per unit, cash settlement
dMSFT-2026Q4 holder redeems
Rights are burned against the delivered distribution

Timeline

  1. AnnouncedAug 18, 2026

    Terms published by the issuer

  2. Ex-dateSep 26, 2026

    Eligibility closes at the vault

  3. Record dateSep 26, 2026

    Holders of record are fixed

  4. PaymentNov 12, 2026

    Distribution reaches the settlement adapter

Composition

Underlying
Microsoft (MSFT)
Sector
Technology
Event type
Quarterly dividend
Principal token
pMSFT
Distribution token
dMSFT-2026Q4
Settlement method
Cash settlement
Eligibility window
Aug 18, 2026 — Sep 26, 2026
Declared payout
$0.91 per unit
Separated supply
7.18M dMSFT-2026Q4
Principal locked
7.18M MSFT
Quoted spread
10 bps
Network
Robinhood Chain · Mainnet

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

Recent market activity

SidePriceSizeTime
Sell$0.88381,42017m
Buy$0.87997036m
Sell$0.87551,53045m
Buy$0.87941,0301h
Buy$0.88262,4601h
Sell$0.88193,0501h
Buy$0.87872,3202h
Buy$0.88221,5402h

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 $6.31M. 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 Nov 12, 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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