Saylor's Strategy Proposes Dividends That Accrue 365 Days a Year
Key TakeawaysThe proposal covers Strategys STRF, STRC, STRK, and STRD shares.Daily record dates would include weekends and holidays.Common shareholders are scheduled to vote on the change Oct. 28. Strategy Seeks Daily Dividends on Four Stocks Holders of four Strategy preferred stocks could receive dividends more frequently under a proposal released Sept. 25 by Strategy Inc. (Nasdaq: MSTR). The proposed daily schedule covers STRF, STRC, STRK, and STRD. Every calendar day would become a dividend record date, while payments would generally arrive on the next business day. The change requires shareholder approval and board declarations. Strategy Executive Chairman Michael Saylor and CEO Phong Le outlined the proposal in a joint letter to shareholders. On its proposal page, Strategy stated: “If approved and adopted, we believe this would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability.” The company also says increased demand for its preferred shares could drive its Amplification and Bitcoin Per Share measures. Its preliminary proxy statement argues that demand could improve access to capital for bitcoin purchases. Discover more FINANCE News Crypto exchange comparison The proposed amendments would change payment frequency without changing dividend rates or Strategys total regular dividend obligations. They would also keep the distinction between a daily record date and a payment









