Strategy’s STRC Plan Could Bring 365 Dividend Record Dates
Key Highlights Strategy (formerly MicroStrategy) proposes shifting its preferred securities—STRF, STRC, STRK, and STRD—from monthly, semi-monthly, or quarterly dividend schedules to daily calendar-day accruals, including weekends and U.S. market holidays, with payments on the next business day. The move aims to transform the preferreds into liquid cash-like yield instruments, reduce price volatility, improve liquidity, and ...