Strategy Wants Its Preferred Stock Dividends to Accrue 365 Days a Year

Neutral-0.03%
25 Sep, 13:22
Source: Decrypt

AI Summary

MicroStrategy plans to adjust its preferred stock dividend accrual to occur year-round, aiming to reduce price volatility for investors.

STRF, STRC, STRK and STRD would accrue dividends on weekends and holidays, in a move Strategy says will dampen volatility.