bitcoin · · 2 outlets
Strategy shareholders approve daily dividends for four preferred stocks
Strategy shareholders approved an amendment allowing the company's four preferred stocks to accrue dividends daily, with 99.3% of votes favoring the change, according to preliminary results.
The amendment covers Strategy's STRF, STRC, STRK, and STRD preferred stocks. Michael Saylor, the Bitcoin treasury company's chairman, announced the approval on Wednesday.
Preliminary findings indicate that STRC's initial daily record date will be November 1, with payment scheduled for November 2. STRF, STRK, and STRD will follow, with their first record date on January 1 and payment on January 4.
Dividends with record dates occurring on holidays or weekends will be consolidated and paid on the subsequent business day, as detailed in an SEC filing.
The company proposed this change last month, stating it would help temper volatility in its preferred shares. For STRC specifically, this alters the dividend schedule from 24 record dates annually to 365.
Michael Saylor posted on October 28, 2026, stating, "Thank you to all who voted," regarding the approval of the Daily Dividends amendment for $STRF, $STRC, $STRK and $STRD.
The change is contingent upon Strategy filing amended terms for each stock.
Earlier coverage
Reported by CoinTelegraph and Decrypt.
