Strategy Wants To Pay Preferred Stock Dividends Every Day

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Strategy has proposed that dividends on its four U.S.-listed preferred securities (STRC, STRF, STRK and STRD) be calculated using daily record dates instead of monthly or quarterly schedules. Shareholders will vote on the amendment at a special meeting expected on October 28. The proposal would not change the regular dividend rates or increase the company’s total regular dividend obligations. STRC would transition first, with the initial daily record date expected on November 1, while STRF, STRK and STRD would follow starting January 2027. Strategy describes this move as an extension of its “digital credit” strategy, with the goal of supporting liquidity, demand and price stability for its preferred securities.

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Telemac
Telemachttp://cryptoinfo.ch
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