Strategy’s Daily Dividends Put Weekend Share Trades to the Test
Photo: ETHNews
Strategy shareholders approved daily dividends for STRC, STRF, STRK and STRD, with preliminary support reaching 99.3% of votes cast. Thursday, November 5, is the final regular Nasdaq trading day to buy STRC and qualify for its November 6-8 dividends. The amendments could improve Strategy’s preferred-stock liquidity, although weekend settlement rules create new considerations for traders. Strategy shareholders approved daily dividends for four preferred securities on October 28, advancing the Bitcoin treasury company’s effort to make its preferred-stock platform more attractive to income-oriented investors. Preliminary voting results showed 99.3% support among votes cast for amendments covering STRC, STRF, STRK and STRD.
Source: ETHNews
