Strategy Preferred Stock (STRC) will go ex-dividend on June 30 and reset its monthly dividend yield
According to Svmuu News, Strategy’s STRC preferred shares are trading at approximately $73, about 27% below their $100 par value, and investors are focusing on 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; Another event is the monthly dividend yield reset; STRC’s current effective yield is close to 15%, and investors expect Strategy to raise the dividend yield from 11.50% to at least 12% or 12.50%. (CoinDesk)
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Source:Odaily · Source Link
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