Strategy raises STRC dividend rate to 10.25%

Source
Son Min

Summary

  • Strategy said it raised STRC's annual dividend rate from 10% to 10.25%.
  • Founder Michael Saylor said a cash dividend will be conducted on October 31 (local time).
  • He said that in September the STRC dividend rate was also increased from 9% to 10%.

Strategy raised the annual dividend rate of its preferred stock 'STRC' by 25bp.

On the 1st (local time), Michael Saylor, founder of Strategy, said on X (formerly Twitter), "We will raise STRC's dividend rate ahead of the October 31 (local time) dividend from 10% to 10.25%," and said, "We plan to conduct a cash dividend."

In September, Strategy also raised STRC's annual dividend rate from 9% to 10%.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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