Strategy Proposes Daily Dividends for Preferred Stocks
Source: Bankless ·
The daily dividends would apply to all preferred stocks: STRC, STRF, STRK, and STRD, aiming to improve price stability, liquidity, and investor trust.
From the source
The daily dividends would apply to all preferred stocks: STRC, STRF, STRK, and STRD, aiming to improve price stability, liquidity, and investor trust. Strategy wants to start paying dividends every day across its four U.S.-listed “Digital Credit” preferred stocks. Daily dividends: Strategy is asking shareholders to approve daily dividends for STRF, STRC, STRK, and STRD. Every calendar day, even weekends and holidays, would become a dividend record date, with payment arriving the following business day. Same economics: Nothing changes about how much the securities pay annually. Strategy is simply breaking the same dividend into much smaller, more frequent payments, moving STRC from twice-monthly to daily and the other three from quarterly to daily. Building trust: The hope here is this will make Strategy’s preferred stocks feel more stable, liquid, and cash-like. Strategy explicitly says the change is designed to reduce price swings and increase demand, while helping STRC stay around…