Strategy conditionally declares daily STRC dividends for November at 12% rate

Strategy Inc wants to pay some of its investors every single day. On October 16, 2026, the company said in an SEC 8-K filing that it would conditionally declare daily cash dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock, better known by its ticker, STRC. The total for November comes to $1.00 per share, which works out to a 12% annualized rate. The catch: none of it happens unless common stockholders sign off first. What Strategy is proposing for STRC The daily dividend plan rests on two conditions. First, common stockholders must approve an amendment that allows “daily dividends” at a special meeting set for October 28, 2026, at 10:00 a.m. Second, the amended certificate has to be filed in time, by November 1. If both boxes get checked, Strategy expects the first daily payment to land on November 2, 2026. The total payout for November does not change under either scenario. Right now, STRC pays semi-monthly dividends of $0.50 per share, which adds up to the same $1.00 for the month. If the amendment passes, those semi-monthly payments will be suspended and replaced by the daily structure. If it fails, the semi-monthly schedule simply keeps running. The 12% ...