Strategy Keeps STRC Dividend Rate Unchanged Amid Price Drop
Strategy Inc. has kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, despite the Nasdaq-listed security trading below its $100 stated amount.
The company's decision not to increase the dividend rate comes after it changed its policy in June, stating that management will consider multiple factors before raising the rate, including the market price of STRC, credit spreads, and Bitcoin volatility.
Strategy has repurchased 288,930 STRC shares below par, with $975 million remaining under its preferred-securities repurchase authorization. The company's cash reserve stands at $3.75 billion, covering approximately 2.1 years of expected preferred-stock dividends and interest on outstanding debt.