Strategy Inc maintains preferred stock dividend rate at 12 percent
Strategy Inc declares semi-monthly cash dividends on its preferred stock and outlines a potential shift to daily dividend payments.
Key takeaways
- Strategy Inc (MSTR) announced on Sept. 30, 2026, that it will maintain a 12.00% annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock and declared semi-monthly cash dividends while preparing for a potential transition to daily dividend payments.
Strategy Inc (MSTR) said in a regulatory filing that it will maintain the regular annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock at 12.00% for semi-monthly periods commencing on or after Oct. 16, 2026.
The company's board of directors declared semi-monthly cash dividends on the preferred stock, payable on Oct. 31, 2026, to stockholders of record as of Oct. 15, 2026. A second dividend is payable on Nov. 15, 2026, to stockholders of record as of Oct. 31, 2026, unless a contingent condition is met.
The company has scheduled a special meeting of stockholders for Oct. 28, 2026, to consider amendments providing for a regular dividend record date on each calendar day, with the related dividend payable on the next business day. If the amendments are approved and filed by Nov. 1, 2026, the Nov. 15 dividend will not be payable, and the company intends to declare daily dividends for November 2026 at the 12.00% annual rate.
The company said it expects the dividends payable on Oct. 31, 2026, and Nov. 15, 2026, to be characterized as non-taxable returns of capital to the extent of a shareholder's tax basis.