2026-07-03 15:59:57
MicroStrategy Raises STRC Preferred Dividend Rate to 12%, Up from 11.5%, as Stock Surges 12.6% on Monday
According to Galaxy Research, MicroStrategy announced capital management adjustments on Monday, increasing its STRC preferred dividend rate from 11.5% to 12% effective July 1. The company also approved $1 billion in preferred securities repurchases, $1 billion in common stock buybacks, and a