STRD Preferred Stock — Perpetual Stride Preferred Stock

Perpetual Stride Preferred Stock (STRD)

STRD is a Preferred Stock. its distribution rate is 14.16%, its trailing-12-month yield is 13.48%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 2.9% over the past 1.3 years, 26.3 points behind SPY at 29.2%.

At the current 14.16% distribution rate, a $10,000 investment would generate approximately $1,416 per year, or about $354.00 per quarter if the next payment matches the last regular one.

STRD performance versus SPY

Price and return data through 2026-09-18.

Total return is 2.9% over the past 1.3 years, 26.3 points behind SPY at 29.2%. Its deepest 1-year drawdown was 34.4%.

STRD key facts

Distribution Safety Score™

50 · Unproven

Issuer

Strategy Inc.

Asset type

Preferred Stock

Asset class

Equity

Distribution rate

14.16%

Distribution frequency

Quarterly

Trailing yield

13.48%

Last close

$74.19 (as of 2026-09-18)

Market cap

$901,764,288

Average volume

156900.0

Next dividend

$2.50

Last ex-dividend date

09/15/2026

Next payment date

09/30/2026

Payout ratio

1.1876

Forward P/E

0.0

How Dividend Vision calculates yield and returns

Distribution rate (14.16%) 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 (13.48%) 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.

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.

STRD risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 34.4%.

Who may consider STRD — and who may not

It is a weaker fit for investors who need monthly cash flow (STRD pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare STRD

STRD vs similar funds:

• STRD vs STRC

Frequently asked questions

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