A cash dividend, meaning a direct cash payment distributed to shareholders without requiring them to sell a single share, is the development for USOI this month: USD 1.7002 per share, with both qualifying dates and the payment itself landing in the final week of September 2026. The distribution follows a monthly schedule.
The three dates and what each one requires
The ex-dividend date is September 22, 2026, and it is the most consequential date for anyone considering a purchase. The name comes from the Latin prefix "ex," meaning "without": once that date arrives, the shares trade without the right to this particular payment attached. An investor who holds shares going into September 22 qualifies. An investor who buys on September 22 does not, because the right to the declared USD 1.7002 already passed to whoever held the stock the day before.
The record date is also September 22. This is when USOI's shareholder register is checked to confirm the list of qualifying holders. When the ex-dividend date and the record date land on the same day, there is one cutoff to track rather than two staggered thresholds.
Payment follows on September 25, 2026, three days after the qualifying cutoff. That gap is the time required to settle a securities transaction and route the cash to qualifying accounts.
What monthly frequency means against the quarterly standard
Quarterly distributions, four payments per year, are the more common schedule across dividend-paying securities. USOI's monthly cadence puts that number at roughly twelve payments per year, arriving about every four weeks. For investors who draw on dividend income to cover regular expenses, monthly payouts reduce the waiting period between receipts.
What the declaration does not confirm is what future months will look like. The USD 1.7002 per share is the figure for this cycle. USOI has declared the monthly schedule, but the per-share amount for each future cycle is announced separately.
The confirmed facts for September: USD 1.7002 per share, ex-dividend date September 22, 2026, record date September 22, 2026, payment date September 25, 2026.