TechFlow News: On May 14, according to CoinDesk, Strive announced that its Variable-Rate Series A Perpetual Preferred Stock (SATA) will begin paying cash dividends daily on each business day starting June 16—marking the first listed security in U.S. capital markets history to distribute dividends daily. Although the nominal annualized dividend rate remains unchanged at 13%, the high-frequency compounding effect—based on approximately 250 business days per year—will lift the effective annualized yield to roughly 13.88%, an increase of 7.6 basis points over a monthly payout structure.
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