Strategy Inc. Proposes Daily Dividends for Preferred Stocks
- Strategy Inc. (Nasdaq: MSTR) proposes daily dividends for STRF, STRC, STRK, and STRD shares.
- Shareholder vote on the proposal is scheduled for October 28.
- The proposed change would include weekends and holidays as record dates.
- STRC’s first daily record date is set for November 1, with payment on November 2.
- STRF, STRK, and STRD will begin daily record dates on January 1, with payments starting January 4.
Strategy Inc.’s proposal aims to enhance liquidity and market efficiency by introducing daily dividend payments for its preferred stocks, pending shareholder approval on October 28. The plan includes all calendar days as record dates to minimize reinvestment lag and stabilize prices.
