Strive prices SATS preferred stock at $90 with $15 annual dividend, 16.7% yield

Strive priced its SATS preferred stock at $90 a share with a $15 annual dividend, a 16.7% yield if paid in full. The shares have no maturity date, so exiting means selling, and a lower resale price can offset that income.

Detected & updated continuously · Source: Nebula