Strategy proposes daily STRC dividends for November while keeping the annualized rate at 12%

Strategy said it has conditionally declared daily dividends for its Variable Rate Series A Perpetual Preferred Stock, STRC, covering the period from Nov. 1 to Nov. 30, 2026. The regular annualized dividend rate will remain at 12.00%. The plan depends on shareholders approving a daily dividend amendment at a special meeting scheduled for Oct. 28, along with the completion and effectiveness of related amendments to the preferred stock terms. If those conditions are met, each calendar day beginning Nov. 1 will serve as a dividend record date, including weekends and U.S. holidays, and the related dividend will be paid on the next business day after the applicable record date. Strategy said the change would alter STRC’s cash-flow timing rather than its economics: holders would receive payments more frequently, but each payment would be smaller. The company added that neither the annualized dividend rate nor the total annual dividend amount would change. If the amendment is not approved, STRC will continue using its current twice-monthly distribution schedule. Under the proposed terms, the 12% rate would apply for all of November, after which the applicable dividend rate would be set monthly and announced by the 15th day of the preceding month.