Strive SATA to Pay 13% Dividend Every Business Day

TLDR Strive will convert its SATA preferred stock into a daily dividend security starting June 16. The company will maintain a 13% annual dividend rate with an effective yield of about 13.88% through daily compounding. SATA will become the first U.S.-listed preferred stock to distribute cash dividends every business day. Strive has eliminated all outstanding [...]

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