Yahoo Finance
Serial Bitcoin (CRYPTO: $BTC) acquirer Strategy (NASDAQ: $MSTR) is now paying dividends twice a month on its preferred stock.
At Strategy’s annual meeting, shareholders voted in favour of Proposal 5, which changes the dividend payments on the company’s preferred stock (NASDAQ: $STRC) from a monthly schedule to semi-monthly distributions.
Going forward, dividend payments will be made on the 15th and final days of each month.
The next dividend payment will occur on June 30 of this year, followed by July 15.
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The dividend change also comes with STRC stock trading at $96 U.S., below its $100 U.S.
The preferred stock currently carries an annual dividend yield of 11.50%, which is one of the most generous distributions on Wall Street.
MSTR stock has declined 68% over the last 12 months to trade at $127.51 U.S.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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