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%.

