The Smarter Web Company Announces Weekly Dividend on MORE Preferred Stock

BlockBeats news, November 3 - London-listed tech company The Smarter Web Company announced that the MORE preferred stock dividend for the week ending November 6, 2026, is £0.2301 per share. The record date is November 6, the ex-dividend date is November 5, and the payment date is November 23. Currently, the annualized dividend rate for the preferred stock is 12% (based on a par amount of £100).

As of the announcement date, out of 211,112 shares issued, 111,137 shares are entitled to receive dividends, while the remainder held by Tennyson Capital through the ATM facility has waived dividend rights until sold. The company will provide further updates on the relevant situation on November 5.