Strategy Plans Daily STRC Dividends of $1.00 a Share Pending October 28 Vote

Strategy Inc conditionally declared daily cash dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock for November, totaling $1.00 per share at a 12% annualized rate, pending a common stockholder vote on October 28, 2026. Crypto Briefing reported the declaration came in an SEC 8-K filing on October 16, 2026.

Strategy's Daily Dividend Plan for STRC

The daily dividend plan rests on two conditions. Common stockholders must approve an amendment allowing daily dividends at a special meeting set for October 28, 2026, at 10:00 a.m., and the amended certificate must be filed by November 1. If both conditions are met, Strategy expects the first daily payment on November 2, 2026.

The total payout for November does not change under either scenario. STRC currently pays semi-monthly dividends of $0.50 per share, which also totals $1.00 for the month. If the amendment passes, the semi-monthly payments will be suspended and replaced by the daily structure; if it fails, the semi-monthly schedule continues.

The 12% rate has held steady since mid-2026. Strategy frames that consistency as part of an effort to get STRC trading stably around its $100 par value before considering any changes to the rate. STRC has traded below $100 par since May 2026 and hit a low of $71 in June.

Strategy's Preferred Stock History

According to akta.pro company records, Strategy sold 32 BTC for approximately $2.5 million in June 2026, its first Bitcoin sale since 2022, to fund preferred stock dividend distributions as mNAV fell below 1.0. The company raised approximately $2.54 billion in funding in April 2026 to finance continued Bitcoin acquisitions, part of a sustained capital-markets program totaling tens of billions since 2020. Strategy rebranded from MicroStrategy in February 2025 to formalize its dual identity as a Bitcoin Treasury Company and an enterprise analytics software provider.

How STRC's Payout Schedule Compressed

STRC originally paid monthly before moving to semi-monthly payments in mid-2026, a change aimed at improving liquidity and trading efficiency through more regular distributions. The groundwork for the daily move came in a preliminary proxy filed on September 25, 2026, which asked shareholders to back daily accruals for STRC and three other preferred stock series. On October 13, 2026, Eleconomista reported that STRC traded near par after five months below, while BlackRock and Fidelity sold and Strategy bought back 13.2 million shares for $1.276 billion.

What Comes Next for STRC Holders

The amendment needs approval from common stockholders, not just preferred holders, at the October 28 meeting. Even with a yes vote, the amended certificate must be filed by November 1 for the daily schedule to begin on time. The dividends, if declared, are expected to be treated as non-taxable returns of capital for shareholders, up to their tax basis.