Stribes SATA dividend rate rises to 13.25%... effective December 1
Original headline13.25%로 오른 스트라이브 SATA 배당률…12월 1일 적용
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Strive ($ASST) raised the annual dividend rate on its variable-rate SATA preferred stock to 13.25% from 13%, effective December 1, according to a November 12 SEC filing. The December cash distribution will be paid over 22 business days at $0.0502 per share per day, totaling $1.1044 per share for the month. The 0.25 percentage-point increase follows the October 12 filing that kept the November rate at 13%. The stated rate applies to the per-share base amount and differs from the effective yield based on market trading prices. The move signals Strive is stepping up preferred-share payouts as peer Strategy ($MSTR) carries five preferred series, and investors will watch whether further rate adjustments follow in subsequent monthly filings.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Strive, SATA, Strategy (MSTR), SEC
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