Strategy Proposes Daily STRC Preferred Dividend Structure Pending Approval

Strategy has conditionally approved a daily dividend payment schedule for its STRC preferred stock throughout November. The proposal must receive approval from common shareholders in a vote scheduled for October 28 . According to a regulatory filing, the new schedule would establish a record date for every day in November, with the corresponding dividend paid on the next business day . STRC currently distributes dividends twice a month . Daily payments would generally range from $0.03 to $0.04 per share , totaling $1 per share for November . The change would not increase the annualized dividend rate, which remains at 12% on a $100 stated value . Strategy aims to reduce price fluctuations associated with dividend payment dates.

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