Strategy holds Stretch dividend rate at 12% for October 2026

Strategy is keeping its foot right where it was. The Bitcoin treasury company confirmed on October 1, 2026, that the annualized dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock, better known by its ticker STRC, will stay at 12.00% for October. What Strategy announced Executive Chairman Michael Saylor confirmed the decision on the first day of the month. The 12% rate applies to STRC’s semi-monthly dividend periods throughout October. STRC carries a par value of $100, and dividends are calculated off that figure. At a 12% annualized rate, each semi-monthly payment works out to $0.50 per share. The 12% level isn’t new. STRC has paid at that rate since July 2026, which makes October another month at the same plateau. That plateau came after a climb. When Strategy launched STRC in July 2025, the starting rate was 9%. The company then raised it multiple times before it reached 12% in July 2026. How Stretch is supposed to work Strategy designed the instrument as a US dollar-denominated perpetual preferred equity. The goal is to keep the shares trading close to their $100 par value. The lever it uses is a monthly rate review. When market conditions shift, the c...