Part 7/13:
One of the most significant updates is Strategy’s decision to raise the dividend rate from 9% to 10.5%. This increase enhances Stretch's yield, making it even more attractive to income investors. Since the inception of Stretch at the end of July, the company has raised its dividend three times, underscoring its commitment to providing a high-yield asset. As of November 1st, the dividend stands at 10.5%, translating to a roughly 10.4% effective yield when the share price hovers just below $100.