Strive Increases Dividend Rate on Preferred Stock to 13%
Strive (NASDAQ: ASST) has raised the dividend rate on its preferred stock, SATA, from 12.75% to 13%, as disclosed in a recent filing. The stock was trading below its $100 benchmark at $97.95 as of Monday's closing. The move reflects the company's strategy to adjust the dividend rate to maintain the stock near its benchmark price.
Topics: ASST Bitcoin dividend preferred stock Strive treasury firm