Strategy preferred shares STRC will go ex-dividend and reset the monthly dividend rate on June 30.
Odaily reported that the trading price of Strategy's STRC preferred shares is approximately $73, about 27% lower than the $100 par value. Investors are paying attention to two events related to June 30. STRC will go ex-dividend on June 30, and eligible holders will receive a dividend of $0.48 per share on July 15. The other event is the monthly dividend rate reset; currently, STRC yields nearly 15%. Investors expect Strategy to raise the dividend rate from 11.50% to at least 12% or 12.50%. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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