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Strategy says STRC November dividend to stay at 12% annualised, paid daily

NewsFeeds update

Strategy said in an SEC filing that its floating-rate Series A perpetual preferred stock STRC will keep a 12% annualised November dividend, with daily cash payouts of $1 per share for the month proposed. The change needs shareholder approval at a 28 October special meeting and the amended certificate of designation effective before 00:01 ET on 1 November; otherwise the twice-monthly schedule continues.

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Read the original on Odaily

The story so far: Strategy daily dividend proposal

Strategy proposed making each calendar day a dividend record date for its US-listed preferred stock, with shareholders voting Oct. 28. Shareholders approved the proposal with 99.3% of votes cast. Strategy has now made the first daily dividend payment on its STRC preferred stock.

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  1. Strategy says STRC November dividend to stay at 12% annualised, paid daily

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