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<a href="https://x.com/Strategy" rel="noopener noreferrer nofollow">@Strategy</a> has secured shareholder approval to double the payment frequency of its Variable Rate Series A Perpetual Stretch Preferred Stock dividend, shifting from a monthly to a semi-monthly schedule. <cite>The amendment, which changes the dividend cadence for the preferred stock known as <a href="https://x.com/search?q=%24STRC&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$STRC</a>, was approved at Strategy's 2026 Annual Meeting of Stockholders, held virtually on June 8, 2026.</cite>
<cite>The proposal, known as Proposal 5, received approval from holders of both the company's common stock and $STRC preferred stock.</cite><cite>Both classes of shares were required to vote in favor for the amendment to pass.</cite>
<h2 id="what-changes-and-what-doesn-t">What Changes and What Doesn't</h2>
<cite>$STRC is Strategy's perpetual preferred stock, which carries an 11.50% annual dividend paid in cash.</cite> The amendment does not alter that rate. <cite>The annualized rate is unaffected. Holders will simply receive dividends in two smaller payments each month instead of one larger payment.</cite>
<cite>The new semi-monthly dividend schedule begins at the end of June. Record dates will fall on the 15th and last day of each month, with payment dates on the subsequent record date.</cite><cite>Under the new cadence, the first record date is June 30 and the first payment date is July 15.</cite>
<h2 id="the-case-for-the-change">The Case for the Change</h2>
<cite>According to Strategy's own filings, the change is intended to increase price stability by trading closer to STRC's target $100 price, dampen cyclicality by lessening the impact of a single ex-date, drive liquidity, improve market efficiency, and grow demand.</cite>
<cite>If the change holds, $STRC will be the only equity with semi-monthly dividends.</cite><cite>In the broader universe of preferred stocks, the vast majority, around 95%, pay quarterly.</cite> Strategy's instrument had already stood out by paying monthly before this latest upgrade.
<cite>According to the company's proxy statement, the amendment is intended to enhance liquidity, trading efficiency, and reinvestment timing for holders, and forms part of Strategy's broader effort to strengthen its Digital Credit platform and support its bitcoin strategy.</cite><a href="https://x.com/saylor" rel="noopener noreferrer nofollow">@saylor</a> and the board framed the tighter payment cadence as a tool to reduce volatility in the instrument used to fund the company's ongoing bitcoin acquisitions.
Sources: <a href="https://www.sec.gov/Archives/edgar/data/0001050446/000119312526261038/d130937d8k.htm" rel="noopener noreferrer nofollow">Strategy Inc. Form 8-K, June 8, 2026 (SEC EDGAR)</a> <a href="https://www.sec.gov/Archives/edgar/data/0001050446/000119312526186895/d944734ddef14a.htm" rel="noopener noreferrer nofollow">Strategy Inc. Definitive Proxy Statement DEF 14A, 2026 (SEC EDGAR)</a> <a href="https://coincentral.com/strategy-shareholders-approve-strc-dividend-change-as-firm-adds-1550-btc/" rel="noopener noreferrer nofollow">Strategy Shareholders Approve STRC Dividend Change (CoinCentral)</a>

Strategy moves its STRC dividend to twice a month

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