Strategy Inc. Boosts Dividend to $0.854166667 Per Share
MicroStrategy Inc. has announced a dividend increase for its shareholders. The new dividend rate of $0.854166667 per share will be paid on 31 October, with shareholders of record as of 15 October being eligible. This increase maintains the attractiveness of MSTR's yield in the current market environment.
The new dividend rate will apply to monthly periods starting from 1 October. MicroStrategy Inc. has submitted an update to the U.S. Securities and Exchange Commission (SEC) via Form 8-K, detailing the share, distribution table, and updated payout rate. Michael Saylor, former executive chairman of MicroStrategy, confirmed the dividend update via social media. MicroStrategy's dividend increase reflects its growing confidence in its operations and financial position. The company maintains a public dashboard on its website, tracking share price, Bitcoin holdings, and key performance indicators, ensuring fairness and transparency in communicating with shareholders, as per Regulation FD.
MicroStrategy Inc. has increased the annual dividend rate on its preferred shares, MSTR, from 10% to 10.25%. The dividend for the period ending on 31 October will be $0.854166667 per share, with eligible shareholders being those of record as of 5:00 PM ET on 15 October.
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