Strategy Proposes Daily Dividend Payments for Four Preferred Stocks

Strategy is proposing to change the dividend payment schedule for four of its preferred stocks: STRF, STRC, STRK, and STRD.

The proposal would make each calendar day a dividend record date, regardless of whether markets are open or closed. Payments would follow on the next business day.

This change aims to reduce timing friction and make dividend payments less important for investors in income securities.

STRC is already using a semi-monthly payment schedule, but this proposal would shift it again to daily record dates. The rates, seniority, and conversion rights of the four stocks would remain unchanged.