[Strategy Maintains STRC 12% Dividend Yield, Stock Price Below $100 Par Value]
According to Cointelegraph, Strategy announced that it will maintain the dividend yield of STRC preferred shares at 12%, effective July 1. The closing price of STRC on July 31 was approximately $89.46, below the $100 par value. Strategy has introduced five digital credit capital frameworks, including approximately $2.55 billion in reserves, two $1 billion buyback programs, and BTC monetization authorization. Strategy will not increase the dividend yield solely because the trading price of STRC is below par value and has set the target trading range for STRC at $99 to $100.
