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Deep Tide TechFlow News, May 14, According to CoinDesk, Strive announced that its variable rate Series A perpetual preferred stock (SATA) will pay cash dividends on each business day starting June 16, becoming the first listed security in U.S. capital markets history to pay daily dividends. Although the nominal annualized dividend rate remains at 13%, due to the high-frequency compounding effect of approximately 250 trading days per year, the actual effective annual yield will increase to about 13.88%, 7.6 basis points higher than the monthly payment structure.