STRC Preferred Stock — Strategy Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Updated October 2, 2026.

STRC is a Preferred Stock. its distribution rate is 12.07%, its trailing-12-month yield is 11.86%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Total return is 20.8% over the past 1.2 years, 2.2 points behind SPY at 23.0%.

At the current 12.07% distribution rate, a $10,000 investment would generate approximately $1,207 per year. Actual semi-monthly payments vary.

Strategy Inc's Stretch Series A Perpetual Preferred Stock is a perpetual preferred equity security issued by the company, which operates as a bitcoin treasury company and provides AI-powered enterprise analytics software. The security pays a variable semi-monthly dividend with a current distribution rate in the high single digits; the dividend rate resets monthly to encourage trading around par value and minimize price volatility. This preferred stock appeals to income investors seeking regular cash distributions with defined characteristics typical of preferred equity securities.

STRC performance versus SPY

Price and return data through 2026-10-02.

Total return is 20.8% over the past 1.2 years, 2.2 points behind SPY at 23.0%. Its deepest 1-year drawdown was 24.3%.

STRC key facts

Distribution Safety Score™

77 · Generally safe

Safety-Adjusted Yield

9.29%

Issuer

Strategy Inc.

Asset type

Preferred Stock

Asset class

Equity

Inception date

07/30/2025

Distribution rate

12.07%

Distribution frequency

Semi-Monthly

Trailing yield

11.86%

Last close

$99.41 (as of 2026-10-02)

Average volume

1821800.0

Next dividend

$0.50

Last ex-dividend date

09/30/2026

Next payment date

10/15/2026 (as of 2026-10-31)

Payout ratio

23.8%

Forward P/E

0.0

How Dividend Vision calculates yield and returns

Distribution rate (12.07%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (11.86%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Strategy Inc. or company page; Index: Preferred equity security issued by MicroStrategy Incorporated.; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

STRC risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 24.3%.

Who may consider STRC — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare STRC

STRC vs similar funds:

• STRC vs BTCI
• STRC vs MSTY
• STRC vs MSTR
• STRC vs SATA
• STRC vs STRD
• STRC vs STRF

Frequently asked questions

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