Strategy seeks shareholder approval for daily preferred stock dividends

2026-09-27

Strategy is proposing a change to its dividend payment schedule for four U.S.-listed preferred stocks, aiming to pay them out daily. This comes as STRC has traded below $100 since May.

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Strategy is proposing to pay daily dividends for four U.S.-listed preferred stocks, seeking shareholder approval for the change. This adjustment aims to provide investors with more frequent distributions.

Key facts

Strategy is seeking shareholder approval to change its dividend payment schedule.
The proposed change involves paying daily dividends for four U.S.-listed preferred stocks.
One of these preferred stocks, STRC, has traded below $100 since May.
The dividend adjustment is subject to shareholder approval.
The Block also reported on the proposed daily dividend strategy for STRC, STRD, STRF, and STRK preferred stocks.

Source: CoinDesk

Reported by VERA Newswire.