MicroStrategy (Strategy Inc.) conditionally declared daily dividends for its STRC preferred stock throughout November 2026. This proposal requires shareholder approval at a special meeting scheduled for October 28.
The plan shifts dividend frequency from semi-monthly to daily accruals. The 12% annual dividend rate remains unchanged.
Management aims to stabilize the STRC trading price and maintain value near par. This change seeks to enhance security liquidity and increase investor demand.
These actions support a broader capital management strategy. MicroStrategy uses proceeds from these securities to fund additional Bitcoin purchases for its corporate treasury.