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Economy

Strategy board proposes daily dividend switch for preferred shares

By The Likely · Updated Sep 28, 5:24 PM ET · Drawn from 4 sources · Written by AI, checked against sources

Strategy's board approved proposed amendments on September 24, 2026, to shift STRC and three other preferred series to daily dividends payable the next business day, leaving dividend rates and total regular dividend amounts unchanged.

Why it mattersStrategy aims to reduce dividend-related price swings and help keep STRC trading at or close to its $100 stated value.

STRC reaching $100 by Sept 30Long shot5%▼ from 30% a week ago

How we got here

  1. Strategy repurchased $174 million of STRC. Coindesk
  2. Strategy scheduled a virtual special meeting of stockholders to vote on the proposed amendments. Contentstack

What's likely next

  1. The next scheduled STRC record date under the current semi-monthly schedule; the listed dividend is $0.50 per share, payable October 15.
  2. STRC reaching $100Long shot5%▼ from 30% a week ago
  3. Virtual special meeting and stockholder vote, scheduled for 10:00 a.m. ET.
  4. STRC reaching $100Likely78%

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