Strategy Proposes Daily Dividend Accrual for Four Preferred Stocks
Strategy wants dividends on STRF, STRC, STRK and STRD to accrue every day, including weekends and holidays, saying the change would reduce volatility.
Strategy is seeking to have dividends on four of its preferred stocks accrue throughout the calendar year, according to Decrypt.
The proposal covers STRF, STRC, STRK and STRD. Dividends would accumulate on weekends and holidays as well as regular business days.
Strategy says the change would help dampen volatility. The proposal concerns when dividends accrue, rather than indicating that shareholders would receive payments daily.
Source: Decrypt
