DividendJun 15, 2026, 06:11 AM
Strive Maintains 13.00% Annual Dividend Rate on SATA Stock
AI Summary
Strive, Inc. announced that its board of directors maintained the regular annual dividend rate on its SATA Stock at 13.00%, effective for periods commencing on or after July 1, 2026. The board also declared daily cash dividends of $0.0493 per share for each business day from July 1, 2026, through July 31, 2026, totaling $1.0846 for the full monthly period. The company noted that these distributions are expected to be treated as a tax-deferred recovery of capital for U.S. federal income tax purposes, as Strive does not have accumulated or expected current earnings and profits.
Key Highlights
- Strive maintained the regular annual dividend rate on SATA Stock at 13.00%.
- Daily cash dividends of $0.0493 per share declared for each business day in July 2026.
- Aggregate monthly dividend for July 2026 totals $1.0846 per share.
- Dividends are effective for periods commencing on or after July 1, 2026.
- Payments will be made daily to stockholders of record on the immediately preceding business day.
- Distributions are expected to be treated as tax-deferred recovery of capital for U.S. investors.
- Company has no accumulated earnings and profits and does not expect to generate current earnings and profits.
Price Impact
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