Strategy holds STRC dividend at 11.5% for fourth straight month
Key takeaways
- STRC has undergone seven dividend increases since its introduction in July 2025 with a 9% dividend rate.
- Strategy markets STRC as a short-duration, high-yield savings alternative.
- Although STRC has not traded at its $100 par value since May 14, STRC recently rebounded after falling as low as $97.11 on Thursday, recovering to around $99.10.
The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.By James Van Straten|Edited by Jamie Crawley Jun 1, 2026, 10:37 a.m. 2 min read Make preferred on What to know: STRC's dividend rate remained unchanged at 11.5% after the stock's monthly VWAP reached $99.62, allowing Strategy to keep shares trading close to their $100 target par value. Maintaining STRC near par is critical to Strategy's ability to issue shares through its ATM program, generating capital for bitcoin purchases, debt management, and other corporate financing needs.Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy, the world's largest publicly traded corporate holder of bitcoin BTC$72,583.97, has maintained the 11.5% dividend rate on its perpetual preferred stock, Stretch (STRC), marking the fourth consecutive month without an increase.
STRC has undergone seven dividend increases since its introduction in July 2025 with a 9% dividend rate. Strategy was able to hold the current rate this month after the stock's volume-weighted average price (VWAP) reached $99.62, keeping shares close enough to their $100 par value, a key objective of the product's design.
Strategy markets STRC as a short-duration, high-yield savings alternative. The perpetual preferred stock pays monthly cash distributions, with the dividend rate reset each month to encourage trading near par value and minimize price volatility.