BitMine preferred stock BMNP is scheduled to be listed on the New York Stock Exchange on June 16, with a dividend yield of 9.50%

According to PR Newswire, BitMine's Class A perpetual preferred stock (stock code: BMNP) has been approved for listing on the New York Stock Exchange and is set to begin trading on June 16, with a dividend yield of 9.50%.

The board has announced the first cash dividend of $0.316667 per share, which will be paid on June 22 to shareholders registered as of the close on June 12; the second weekly dividend will be $0.105556 per share, which will be paid on June 26 to shareholders registered as of the close on June 16.