Strategy Inc. has kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, despite the security trading below $100. The company's official STRC information page confirms the variable annualized rate for record dates beginning in August remains 12%.
Dividend Details
The $12 annualized payout based on the security's $100 stated amount produces an effective yield of about 13.41% at the current price of $89.46. Strategy raised STRC's annual dividend from 11.5% to 12% for record dates beginning in July, following a sharp June decline.
Rate-Setting Policy
The company changed its rate-setting policy on June 29, considering STRC's market price, credit spreads, competing yields, Bitcoin volatility, cash-reserve coverage, and the wider capital structure. This policy explains why July's discount did not produce another 50-basis-point increase.
Repurchase Program
Strategy has shifted part of its response from dividend increases to preferred-share repurchases, buying back 288,930 STRC shares for approximately $25 million between July 20 and July 26. The company has about $975 million remaining under its $1 billion preferred-securities repurchase authorization.
