Strategy plans to change STRC to daily dividend payments, maintaining a 12% annualized dividend rate in November.

BlockBeats news, October 16 — Strategy officially stated that the company has conditionally declared daily dividends for its variable rate Series A perpetual preferred stock STRC for the period from November 1 to November 30, 2026, with the annualized regular dividend rate maintained at 12.00%.

This arrangement is subject to approval by Strategy shareholders at the special shareholders meeting on October 28 of the daily dividend amendment, and the completion and effectiveness of the relevant preferred stock term amendments. If the conditions are met, STRC will use each calendar day as a dividend record date starting from November 1, including weekends and U.S. holidays; the corresponding dividends will be paid on the next business day after the applicable record date.

This adjustment will change the cash flow rhythm of STRC. The product currently uses a twice-monthly dividend payment mechanism, and future holders will receive more frequent dividend payments with smaller individual amounts; Strategy emphasizes that the adjustment will not change the annualized dividend rate or the total annual dividend amount. If the amendment is not approved, STRC will continue to pay dividends on the existing semi-monthly schedule.

According to the proposed terms, the 12% rate will cover the entire month of November; thereafter, the applicable dividend rate for STRC will be determined monthly, and the company must announce the next month's rate before the 15th of the preceding month.