Strategy Proposes 365-Day Dividend Accrual for Preferred Shares

Strategy Inc. (MSTR) has proposed a daily dividend schedule for its preferred stocks STRF, STRC, STRK, and STRD, where dividends accrue every calendar day—including weekends and holidays—with payouts occurring on the next business day.

The top 3

  1. Shareholder Vote Scheduled for October 28: Common stockholders will vote on the dividend amendment on October 28, 2026, with STRC potentially adopting the new daily structure in November if approved.
  2. Daily Accrual vs. Quarterly Payout Mechanics: The proposal shifts STRF, STRK, and STRD from quarterly payouts and STRC from semi-monthly payouts to a daily accrual model, aiming to reduce reinvestment lag and enhance price stability.
  3. No Change to Total Annual Payouts: Strategy clarified that the proposal does not alter the underlying economic terms, dividend rates, or total annual obligations for the four preferred share series.

Sources

Open the full topic