# Strategy Keeps STRC Preferred Stock Dividend Rate at 12% for October

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25992
Published: 2026-10-01T00:08:50.000Z
Updated: 2026-10-01T00:08:50.000Z
Section: Investing

> 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.