Strategy shareholders approve bi-weekly dividends for STRC preferred stock

Strategy (MSTR) shareholders have approved a proposal to change dividend payments for the company's preferred stock, STRC, from once a month to twice a month, Unfolded reported. Under the new plan, STRC holders will receive dividend payments on a bi-weekly basis starting July 15. Strategy had previously proposed the change to enhance price stability, increase liquidity, and improve market efficiency. The company stated that the annual dividend rate of 11.5% will be maintained.