Strategy Inc. Maintains 12% Dividend Rate for STRC Preferred Stock
Strategy Inc. announced in an 8-K filing that its Series A variable-rate perpetual Stretch preferred stock (STRC) will maintain a 12.00% annualized dividend rate starting October 16. The company will issue semi-monthly cash dividends of $0.50 per share, scheduled for October 31 and November 15. A special shareholder meeting is set for October 28 to discuss adjusting the dividend record date for preferred stocks.
Summaries are written by AI from the original article. Not investment advice.