ChainCatcher, citing PR Newswire, reported that Ethereum treasury company BitMine has received approval to list its Class A perpetual preferred stock on the New York Stock Exchange. The security will trade under the ticker symbol BMNP and is scheduled to begin trading on June 16. The announced dividend rate is 9.50%.
Dividend timetable for BMNP
BitMine’s board of directors has declared the first cash dividend for the preferred stock. The amount is $0.316667 per share, and the payment date is June 22. The dividend will be paid to shareholders of record as of the close of business on June 12, according to the reported announcement.
The company also disclosed the second weekly dividend schedule. That payment is set at $0.105556 per share and will be paid on June 26 to shareholders of record as of the close of business on June 16. The disclosed information covers the planned NYSE trading start, the 9.50% dividend rate, and the per-share amounts, record dates, and payment dates for the first two cash dividends.