Financeupdated 54m ago2 min read
Strategy Shareholders Approve Daily Dividends For STRF, STRC, STRK, And STRD
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Shareholders approved daily dividend accrual for STRF, STRC, STRK, STRD. STRC's first daily record date is November 1, 2026; payment November 2.
Daily dividends approved
Strategy shareholders approved amendments that let STRF, STRC, STRK and STRD accrue dividends every calendar day, including weekends and holidays, according to preliminary results disclosed by Executive Chairman Michael Saylor. Strategy said preliminary results showed 99.3% of votes cast were in favor, and the company tied the change to a shift in the preferred-stock dividend calendar. Strategy said STRC’s first daily record and payment dates would fall on November 1 and 2, 2026, while STRF, STRK and STRD would follow with first record and payment dates of January 1 and 4, 2027.
Strategy said the amendment would not change scheduled dividend rates or total dividend obligations, and Strategy said dividends accrue every day but are paid on the next business day. Strategy said the plan depends on board action and required filings, and it said the first implementation would begin once amended terms take effect.
Record dates, weekends
Strategy said the daily record-date framework would treat a weekend or DTC holiday record date as the preceding day that is not a DTC holiday, and it said that would determine which dividends are grouped and paid together.
Strategy gave an example in which record dates of Nov. 6, 7 and 8 would be paid on Monday, Nov. 9, and Strategy said a buyer on Friday, Nov. 6 would receive none of the three dividends.
Strategy said a seller on Nov. 6 would still receive all three, and Strategy said dividend entitlement may differ for shares not cleared through DTC or traded on venues other than Nasdaq.
Michael Saylor said on X, "Preliminary results show 99.3% of votes cast were in favor," and he said the amendment enables "$STRF, $STRC, $STRK and $STRD to accrue dividends every calendar day."
Strategy said the company’s board declared conditional daily STRC dividends for November earlier this month at an unchanged 12% annual rate, payable only if the amendment passed and the amended terms took effect by Nov. 1.
Financing and market impact
Strategy said it paused Bitcoin purchases for the prior week and maintained its holdings at 848,517 BTC, and it said it acquired those holdings for $64.02 billion at an average price of $75,446 per Bitcoin.
Strategy said it spent $204.9 million repurchasing STRC preferred stock while retaining a $4.83 billion cash reserve, and it said the vote clears the way for the new preferred dividend schedule.
Cointelegraph said Strategy’s preferred stocks carry annual dividend rates ranging from 8% to 12%, with STRC offering a variable rate currently set at 12%, and it said the other three securities pay fixed dividends.
Cointelegraph said Strive introduced daily cash dividends on its SATA preferred stock in June and later launched a second preferred security, SATS, with a fixed 15% annual dividend rate and daily payments scheduled to begin Nov. 9, subject to declaration.
Strategy’s financing plan remained centered on its Bitcoin treasury approach, and Strategy said the daily-dividend amendment was designed to shorten the time between earning dividends and receiving cash while supporting liquidity and price stability in its preferred shares.