DeFi Development Declares $184,469 in November CHAD Dividends

DeFi Development Corp. declared $184,469 in November dividends for CHAD, with payments of $0.00614 per share across 19 business days and the first payment scheduled for Nov. 2. The schedule covers Nov. 1 through Nov. 30. The start of the 14% rate is stated two ways: dividend periods begin Nov. 1, while Nov. 2 is identified as the effective date. Nov. 2 is also the first scheduled payment date. CHAD is DeFi Development's Nasdaq-listed variable-rate Series C perpetual preferred stock. Its 14% annual rate is calculated against a $10 stated amount, equal to $1.40 per share annually at that amount, up from $1.30 at the prior 13% rate. The realized yield depends on CHAD's market price.

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