Strategy proposed adjusting the STRC preferred stock dividend frequency to once every two weeks.

PANews reported on April 18 that, according to The Block, Strategy has proposed adjusting its STRC preferred stock dividend program, changing the dividend frequency from monthly to bi-weekly. The company stated that this move could "reduce reinvestment lag, improve liquidity, enhance market efficiency, and strengthen price stability." The proposal is scheduled to be formally filed and put to a vote on April 28, with voting concluding on June 8. If approved, the dividend program will take effect on June 30, with the first payment on July 15.

STRC is a perpetual preferred stock designed to trade at a par value close to $100 while paying a floating cash dividend, currently yielding an annualized dividend rate of 11.5%.

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Author: PA一线

This content is for market information only and is not investment advice.

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