Michael Saylor Launches Voting for STRC Dividend Payment Change
- Voting on the proposed change to $STRC dividend payments opened on April 28 and will continue until June 8.
- The proposal aims to shift dividend payouts from monthly to semi-monthly, which could enhance capital efficiency and market liquidity.
- Only shareholders who owned shares as of April 17 are eligible to vote on the amendment.
- If approved, the new dividend policy will take effect later in the quarter, with the first payment scheduled for July 15.
- Strategy recently purchased $255 million in Bitcoin, indicating strong investment activity prior to this announcement.
The proposed change in $STRC dividend payment frequency seeks to eliminate reinvestment lag and improve price stability in the market. Shareholders should verify their proxy voting rights with brokers, especially if they are non-U.S. residents.
As of April28, MSTR stock dipped by 0.22% to $165.35 following the announcement of the voting period for the new dividend structure.(Source)
