Data updated: 2026-08-09
All Strategy Preferred Stocks
Nasdaq: STRC · "Stretch"

STRC Dividend: 12.00% (July 2026)

Rate history, payment calendar, and how Strategy's Stretch preferred stock works

STRC ("Stretch") is Strategy's variable-rate perpetual preferred stock. It pays cash dividends twice a month — currently at a 12.00% annualized rate on its $100 stated amount — and the rate is reset monthly to keep the share price near $100. Proceeds from STRC sales fund Strategy's Bitcoin purchases.

STRC went public in July 2025 at $90 per share, raising about $2.47 billion. Since then the dividend rate has stepped up from 9.00% to 12.00%.

Key Terms

Dividend rate
12.00%
Payment frequency
Semi-monthly
Stated amount (par)
$100
Cumulative dividends
Yes
Convertible
No
Seniority
#2 of 5 preferred series
Exchange
Nasdaq
IPO
2025-07 · $90

The rate is adjusted monthly; if STRC trades below its $100 target, Strategy can raise the rate to pull the price back toward par.

How the Monthly Rate Reset Works

  1. 1Strategy targets a trading price of about $100 for STRC.
  2. 2If STRC trades below target, Strategy can raise the dividend rate — the richer yield attracts buyers and pulls the price back toward par.
  3. 3If STRC holds at or above $100, the rate can stay flat or drift down. The result is a bond-like instrument whose yield, not price, absorbs volatility.

STRC Dividend Rate History

Annualized rate implied by each declared dividend period ($100 stated amount). Sources: Strategy announcements, S&P Global.

Show data table
MonthDividend rate
2025-089.00%
2025-0910.00%
2025-1010.25%
2025-1110.50%
2025-1210.75%
2026-0111.00%
2026-0211.25%
2026-0311.50%
2026-0411.50%
2026-0511.50%
2026-0611.50%
2026-0712.00%
2026-0812.00%

STRC Capital Raised (IPO + ATM)

Cumulative net proceeds Strategy has raised through STRC — the July 2025 IPO plus ongoing at-the-market (ATM) sales, aggregated by month from weekly 8-K disclosures. USD millions.

Show data table
MonthRaised in monthCumulative
2025-07$2,473.8M$2,473.8M
2025-08$2,473.8M
2025-09$2,473.8M
2025-10$2,473.8M
2025-11$157.4M$2,631.2M
2025-12$2,631.2M
2026-01$420.4M$3,051.6M
2026-02$85.5M$3,137.1M
2026-03$1,784.8M$4,921.9M
2026-04$3,280.2M$8,202.1M
2026-05$1,949.1M$10,151.2M
2026-06$10,151.2M
2026-07$10,151.2M

Dividend Payment History

Record datePayment datePer share
2026-08-152026-08-31$0.50
2026-07-312026-08-15$0.50
2026-07-152026-07-31$0.50
2026-06-302026-07-15$0.47917
2026-06-152026-06-30$0.95833
2026-05-152026-05-31$0.95833
2026-04-152026-04-30$0.95833
2026-03-152026-03-31$0.95833
2026-02-152026-02-28$0.9375
2026-01-152026-01-31$0.91667
2025-12-152025-12-31$0.89583
2025-11-152025-11-30$0.875
2025-10-152025-10-31$0.85417
2025-09-152025-09-30$0.83333
2025-08-152025-08-31$0.80

STRC rate & dividend alerts

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Capital Stack: Who Gets Paid First
Paid first (lower risk)Paid last (higher risk)
Bonds & other debtSTRFSTRCSTRKSTRDMSTR common stock

Frequently Asked Questions

What is STRC stock?

STRC is the Variable Rate Series A Perpetual Stretch Preferred Stock issued by Strategy Inc. It has a $100 stated amount, pays cash dividends twice a month, and its dividend rate is adjusted monthly. Strategy uses the proceeds to buy Bitcoin for its treasury.

What is the current STRC dividend rate?

12.00% annualized, effective for dividend periods with record dates on or after July 1, 2026 — $0.50 per share paid twice a month. The rate had been 11.50% from March through June 2026.

How often does STRC pay dividends?

Twice a month (semi-monthly), with record dates around the 15th and the last day of each month. STRC paid monthly until stockholders approved semi-monthly payments in June 2026.

Is STRC safe?

STRC is preferred equity of a leveraged Bitcoin company — not a bond or a bank deposit. It ranks below Strategy's debt and STRF but above STRK, STRD and MSTR common stock. Dividends are cumulative, but the securities are not collateralized by Strategy's Bitcoin, and STRC has traded meaningfully below $100 in stressed markets. Its safety ultimately depends on Strategy's ability to keep funding dividends.

How are STRC dividends taxed?

In 2025, 100% of STRC distributions were classified as return of capital — they reduce your cost basis instead of being taxed as income when received, with tax due at capital-gains rates when you sell. This treatment depends on Strategy's earnings each year and can change. Not tax advice — confirm with a tax professional.

Why does Strategy sell Bitcoin to pay STRC dividends?

Preferred dividends are a recurring cash obligation. In June–July 2026 Strategy sold 3,588 BTC (about $216 million) — its first sales since 2022 — to fund preferred dividends and replenish its USD reserve.

For information only — not investment advice. Preferred dividends are paid only if declared by the board, and none of these securities are collateralized by Strategy's Bitcoin holdings.