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Strategy shareholders approve semi-monthly dividends for STRC preferred stock

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The Block Editorial
(03:41 PM UTC)
1 min read
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Verified byMichael Roberts
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At its annual meeting, Strategy shareholders voted on Monday to approve moving STRC's dividend payments from monthly to semi-monthly, the company said in a statement.

STRC, the biggest of Strategy's perpetual preferred stocks, is designed to trade near a $100 par value while paying a variable cash dividend. Strategy first proposed moving the dividend to every two weeks back in April.

"Paying…

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