Strategy proposes semi-monthly dividends on its popular STRC preferred stock
CoinDesk
Strategy (MSTR) has proposed changing its STRC preferred stock dividend schedule to a semi-monthly frequency to increase liquidity and reduce price volatility.Summary
Strategy (MSTR), a major bitcoin treasury firm, has filed a proxy to transition its STRC preferred stock to a semi-monthly dividend schedule. Executive Chairman Michael Saylor stated that while the annual dividend rate will remain at 11.5%, the shift is intended to stabilize prices, reduce cyclicality, and drive investor demand. The proposed amendment is currently awaiting a vote, which concludes on June 8, with the first potential semi-monthly payment scheduled for July 15.
(Source：CoinDesk)