Strategy Seeks Daily Dividends for Strategic Securities
Strategy is seeking shareholder approval to switch four of its securities to daily dividend payments. The move would increase payment frequency without changing annual dividend rates or Strategy's overall obligations.
The proposal targets STRF, STRC, STRK, and STRD, which currently pay dividends on different schedules. STRF, STRK, and STRD pay quarterly, while STRC recently switched from monthly to semi-monthly payments in June. The daily schedule would make every calendar day a dividend record date, with the associated payment made on the next business day.
If approved, STRC would be first to switch to daily dividends, starting November 1 with payment expected on November 2. STRF, STRK, and STRD would retain their quarterly schedules through December before switching in January 2027, with the first payments expected on January 4.
Strategy's CEO Michael Saylor and Phong Le said the higher frequency aims to reduce reinvestment delays and improve liquidity, trading efficiency, and price stability. Strategy has already spent $255 million in semi-monthly STRC dividends through September 15 and paid $75.7 million for 950 BTC between September 14 and 20.