Strategy Proposes Daily Dividend Payouts for Perpetual Preferred Shares
Strategy Inc (MSTR) has filed an 8-K with the SEC to amend the terms of its STRF, STRC, STRK, and STRD perpetual preferred shares. The proposal would establish daily dividend record dates with payments on the following business day. A special shareholder meeting is scheduled for October 28 to vote on the change, which would not affect total dividend obligations or rates.
Summaries are written by AI from the original article. Not investment advice.