Svmuu News: According to an official announcement, Strategy has proposed adjusting the dividend distribution frequency of STRC from once a month to semi-monthly. If the proposal is approved and adopted, it is expected to shorten the reinvestment lag period, enhance liquidity and market efficiency, and improve price stability.
This proposal requires a joint vote from both MSTR and STRC shareholders, and will only pass if both classes of shareholders vote in favor. According to the proposal timeline, voting began on April 28 and will conclude on June 8, the meeting day. If the proposal is approved, the first record date under the new schedule will be June 30, with the first dividend payment date on July 15. Shareholders eligible to vote must have held shares before April 17.
Strategy proposes increasing STRC dividend distribution frequency from once a month to twice a month
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Source:Odaily · Source Link
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