Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine
Summary
Strategy (MSTR), a major Bitcoin holder, has maintained its perpetual preferred stock (STRC) dividend at 11.5% for May, marking the third consecutive month at this rate. This stability is attributed to the volume-weighted average price (VWAP) in April being $99.76, close to its $100 par value. STRC was launched in July 2025 with a 9% dividend, aiming to keep its price near par and serve as a high-yield savings alternative. Currently trading at $99.75, STRC has been below par since April 15, with expectations of returning to $100 next week. MSTR common stock also experienced a rebound, closing April up 33% for its first positive month in nine, following a 75% decline over the preceding eight months. Bitcoin also saw a 12% increase in April. Strategy is exploring a move to semi-monthly dividend payments for STRC to further reduce volatility.
(Source:CoinDesk)