Strategy Seeks Shareholder Backing for Daily Preferred Dividends
Strategy is asking shareholders to approve daily dividend payments for STRC and its three other preferred stocks.
Strategy has proposed changing the dividend payment schedule for its preferred stocks to a daily basis, subject to shareholder approval.
The plan covers STRC along with the company’s three other preferred stocks. It concerns the frequency of dividend payments rather than a newly announced payout rate.
The proposal follows a similar step by Strive, another company pursuing a Bitcoin treasury strategy.
Source: Cointelegraph
