Strategy Wants Its Preferred Stock Dividends to Accrue 365 Days a Year
60-second summary
Strategy proposes that its preferred‑stock series—STRF, STRC, STRK and STRD—accrue dividends every calendar day, including weekends and holidays, to smooth earnings and dampen price volatility. By eliminating non‑accrual gaps, investors receive continuous yield, which could attract yield‑seeking traders, support tighter spreads, and potentially boost the preferred‑stock market’s liquidity and valuation.
STRF, STRC, STRK and STRD would accrue dividends on weekends and holidays, in a move Strategy says will dampen volatility.