DeFi Development Corp. raises CHAD preferred stock dividend to 14%
Photo: Crypto Briefing
The Solana treasury company bumps its Series C payout by a full percentage point as it eyes up to $300 million in new issuance DeFi Development Corp. just made its preferred stock a little more generous. The Nasdaq-listed Solana treasury company is raising the annual dividend rate on its CHAD preferred shares from 13.00% to 14.00%. DeFi Development Corp. (Nasdaq: DFDV) announced the increase on October 15, 2026. The new rate applies to its Variable Rate Series C Perpetual Preferred Stock, which trades under the ticker CHAD. The higher payout kicks in starting November 2, 2026.
Source: Crypto Briefing
