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Strategy Proposes Daily Dividends for Preferred Stock Series
Strategy, a company listed on the Nasdaq under the ticker symbol $MSTR, is proposing a shift in its preferred stock dividend structure. The company is seeking shareholder approval to change the payment frequency for four series of preferred stock—$STRF, $STRC, $STRK, and $STRD—from quarterly to daily dividends. This adjustment is intended to provide shareholders with more frequent income without altering the overall dividend rates or total payment obligations.
A virtual special meeting for shareholders is scheduled for October 28, 2026, where the proposal will be voted on. If approved, the $STRC series could begin issuing daily dividends as early as November 2026. This move reflects Strategy's ongoing efforts to enhance shareholder value and improve liquidity for investors holding preferred shares.
Source: KLEA News