In a groundbreaking move, Strategy has received shareholder approval for a significant amendment to its preferred stock dividend policy. According to the results published in the material, this decision, announced by chairman Michael Saylor, marks a pivotal shift in how dividends will be accrued and distributed.
Shareholder Vote on Amendment
On October 28, 2026, shareholders voted overwhelmingly in favor of the amendment, with 993 votes supporting the change. The new policy applies to the company's four preferred stocks:
- STRF
- STRC
- STRK
- STRD
Details of the New Dividend Policy
Under this amendment, dividends will now accrue daily, including weekends and holidays, with payments made on the next business day. The first record date for the STRC preferred stock is set for November 1, 2026, with dividend payments scheduled for November 2. This strategic change is designed to mitigate volatility in preferred shares and streamline the overall dividend distribution process, providing shareholders with more consistent returns.
On October 26, 2026, Strategy sought shareholder approval for a proposal to implement daily dividend payments on its preferred securities, a move that contrasts with the recent approval of a similar amendment for preferred stock dividends. For more details, see read more.
