Strategy Proposes Daily Dividends for Four Preferred Share Series
Uk Jin
Summary
- Strategy said it is seeking to introduce a daily dividend structure for its preferred share series STRF, STRC, STRK, STRD.
- The company said dividends would accrue daily, including on weekends and holidays, and be paid on the next business day.
- Strategy said the move is intended to improve the preferred shares’ price stability, liquidity and investor demand.
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Strategy, the world’s largest corporate holder of Bitcoin, is seeking to introduce daily dividends for four of its preferred share series.
In a post on X on September 25, the company said it is proposing a structure under which dividends would accrue daily for STRF, STRC, STRK and STRD.
Under the proposal, dividends would accumulate every day, including weekends and holidays, with payments made on the next business day. The company said the move is intended to improve price stability, liquidity and investor demand for the preferred shares.
Uk Jin
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