Strategy proposes semi-monthly dividends on its popular STRC preferred stock

"[The] proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand," said Executive Chairman Michael Saylor. What to know : Strategy proposed moving dividend payments on its high-yielding STRC preferred stock from monthly to semi-monthly. The move won't alter the yield nor Strategy's dividend obligation, but is expected to further dampen STRC's volatility. If approved, the first semi-monthly payment would be July 15.(Coindesk)