STRC Dividend Rises to 11.5% as MSTR's Losing Streak Continues
The annual dividend for MicroStrategy's preferred STRC series has increased. According to reports, the company, under the leadership of Executive Chairman Michael Saylor, has raised the dividend by 25 basis points, bringing it to 11.5%. This development occurs as MSTR experiences its eighth consecutive month of losses. The increase impacts holders of the STRC "Stretch" series, a preferred stock offering from the company.
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