DeFi Development Raises CHAD Dividend to 14% as Solana Treasury Strategy Expands

TL;DR DeFi Development Corp. will raise CHAD’s annual dividend rate from 13% to 14% on November 2, lifting stated annual income to $1.40 per share. The company says future CHAD issuance could help expand its Solana treasury, with staking and validator operations supporting its broader capital strategy over time. Dividends remain subject to board declaration, while CHAD’s variable rate, trading price and treasury performance create risks despite the higher stated yield. DeFi Development Corp. is raising the annual dividend rate on its CHAD preferred stock from 13% to 14%, effective November 2, as it seeks to scale a financing structure tied to its Solana treasury strategy. The company announcement says the new rate equals $1.40 in annual dividends per share on CHAD’s $10 stated amount, up from $1.30 previously.

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