Strategy STRC preferred shares to go ex-dividend and reset monthly dividend rate on June 30

Odaily Planet Daily News: Strategy's STRC preferred shares are trading at approximately $73, about 27% below their $100 par value. Investors are focused on two events related to June 30. STRC will go ex-dividend on June 30, with eligible holders receiving a dividend of $0.48 per share on July 15. The other event is the reset of the monthly dividend rate. Currently, the effective yield on STRC is near 15%, and investors expect Strategy to raise the dividend rate from 11.50% to at least 12% or 12.50%. (CoinDesk)