DividendJul 15, 2026, 06:11 AM
Strive Maintains 13.00% Dividend Rate on SATA Stock; Declares August Payouts
AI Summary
Strive, Inc. announced that its board of directors maintained the regular dividend rate per annum on its SATA Stock at 13.00%, effective August 1, 2026. The company also declared daily cash dividends of $0.0516 per share for each business day from August 3, 2026, through August 31, 2026, totaling $1.0836 for the month. Strive noted that these distributions are expected to be treated as a tax-deferred recovery of capital for U.S. federal income tax purposes, as the company does not anticipate generating current earnings and profits.
Key Highlights
- Board maintained regular dividend rate on SATA Stock at 13.00% per annum.
- New dividend rate is effective for periods commencing on or after August 1, 2026.
- Declared daily cash dividends of $0.0516 per share of SATA Stock.
- Aggregate daily dividends for August 2026 total $1.0836 per share.
- Daily dividends cover the period from August 3, 2026, through August 31, 2026 (21 business days).
- Dividends represent a per annum rate of 13.00% on the SATA Stock.
- Distributions are expected to be treated as tax-deferred recovery of capital for U.S. investors.
- Company does not expect to generate current earnings and profits in the foreseeable future.
Price Impact
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