Strategy shareholders approve daily dividends on four preferred stocks, with 99.3% of votes cast in favor and STRC paying daily from November 2

Strategy's shareholders approved daily dividends on its four perpetual preferred stocks, STRF, STRC, STRK and STRD, at a special meeting on Wednesday. Executive Chairman Michael Saylor wrote on X that preliminary results showed 99.3% of votes cast in favor. Unchained reports that Strategy's Form 8-K gave preliminary results without a vote count, and that no final tally has been published.

If the amended terms are filed and take effect, STRC's first daily record date is November 1, with the first payment on November 2. STRF, STRK and STRD start with a January 1, 2027 record date and a January 4 payment. Dividends would accrue every calendar day, but weekend and holiday days would be bundled onto the prior business day's record date and paid on the next business day. Strategy's 8-K gives an example in which November 6 to 8 share a November 6 record date and are paid on November 9.

Cointelegraph says annual rates range from 8% to 12%, with STRC's variable rate currently at 12%, and Unchained reports the rates and total payouts are unchanged. Decrypt says STRC traded at $99.86 on Wednesday, just under its $100 par value, and notes Strategy paused its bitcoin purchases last week while spending $204.9 million to buy back STRC. The company advises investors to check broker policies.