Strategy Inc. wants its preferred stock dividends to arrive the way coffee does for most office workers: every single day. The Bitcoin treasury company is asking common shareholders to approve a change that would move dividends on its perpetual preferred stocks to daily accrual. If the vote passes, the first daily-cycle payment on STRC is scheduled for November 2. The proposal covers four securities: STRC, STRF, STRK, and STRD. It appeared in a preliminary proxy statement filed on September 25, 2026, and will go to a vote at a virtual special meeting set for October 28, 2026. What changes and what stays the same Right now, Strategy’s preferred dividends run on a mix of semi-monthly and quarterly schedules. Under the proposal, dividends would accrue every day, weekends and holidays included. Payments would then land on the next business day. Saturday’s and Sunday’s accruals would simply catch up when markets reopen. The rates themselves are not moving. STRC keeps its current 12% variable rate, and the company’s total annual dividend obligations stay where they are. STRC goes first. If shareholders approve, it switches to daily record dates starting November 1, 2026, with the first p...
Strategy asks shareholders to approve daily dividends for STRC preferred stock
3 weeks ago
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