Dividends & Buybacks ·
DeFi Development Corp. declared cash dividends on its Variable Rate Series C Perpetual Preferred Stock (CHAD)
CHADDeFi Development Corp.
DeFi Development Corp. declared cash dividends on its Variable Rate Series C Perpetual Preferred Stock (CHAD). The board declared a $0.07944 per share dividend for the period from issuance on September 8, 2026, to October 1, 2026, payable on October 1, 2026, with a record date of September 30, 2026. Additionally, daily dividends of $0.00516 per share were declared for each business day from October 1 through October 30, 2026 (21 days), representing an annualized rate of 13.00%. The company disclosed it lacks accumulated earnings and profits, meaning distributions may be treated as a return of capital or capital gain rather than ordinary dividends for tax purposes. DeFi Development Corp. operates in the financial technology sector, focusing on decentralized finance development.