DividendJun 15, 2026, 09:06 AM
Strategy Inc Changes STRC Dividend Frequency, Declares Cash Dividend
AI Summary
Strategy Inc announced a material modification to the rights of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) holders, changing the dividend payment frequency from one to two scheduled dates per month, effective June 30, 2026. This change does not alter the dividend rate or overall payment obligations. Concurrently, the board declared a conditional semi-monthly cash dividend of $0.479166667 per STRC share, representing an 11.50% per annum rate, payable on July 15, 2026, contingent on the effectiveness of the new certificate. The company also highlighted its website dashboard as a key disclosure channel for public information.
Key Highlights
- Strategy Inc modified rights of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) holders to provide two scheduled dividend payment dates per month instead of one.
- The Amended and Restated Certificate of Designations for STRC becomes effective at 12:01 a.m. New York City time on June 30, 2026.
- The company's board declared a conditional transitional semi-monthly cash dividend on STRC, payable on July 15, 2026.
- The cash dividend amount is $0.479166667 per STRC share for the semi-monthly period ending July 15, 2026.
- This dividend represents one-half of the regular monthly dividend amount, reflecting a per annum dividend rate of 11.50%.
- The dividend declaration and payment obligation are contingent upon the A&R STRC Certificate of Designations becoming effective.
- The company expects the dividend payable on July 15, 2026, to be characterized as non-taxable return of capital for U.S. federal income tax purposes.
- Strategy Inc maintains a website dashboard (www.strategy.com) as a public disclosure channel for company information, including bitcoin holdings and KPI metrics.
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