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Strategy Keeps STRC Preferred Stock Dividend Rate at 12% for October
Strategy founder Michael Saylor said the dollar-denominated Stretch preferred stock will retain its 12% annualized dividend rate throughout October 2026.
Strategy will keep the annualized dividend rate on its Stretch preferred stock at 12% throughout October 2026, maintaining the rate for holders of the security traded under the ticker STRC.
Strategy founder Michael Saylor posted the decision on X. The company issues Stretch as a dollar-denominated preferred stock and sets the rate for the product.
STRC holders will continue to receive dividends calculated at the 12% annualized rate during October. The October rate extends the current terms for the preferred stock into the new month.
