Strategy Inc. (Nasdaq: STRC) begins paying dividends twice a month in July, and a 100-share position stands to earn $96 across the two payouts, according to Finbold’s analysis on June 17.
The shift is the company’s first change to STRC’s dividend rhythm since the instrument launched. Stockholders approved the move at Strategy’s 2026 Annual Meeting on June 8, amending the terms of the Variable Rate Series A Perpetual Stretch Preferred Stock to pay on a semi-monthly schedule rather than monthly.
As such, the first semi-monthly record date is set for June 30, with the initial payment on July 15, subject to board declaration. At the 11.50% rate set for July, each share pays $0.48 on July 15. As such, a 100-share position is set to collect $48.
The second payment is due on July 31, with the record date set on July 15. At the same rate, Strategy intends to pay another $0.48 per share to STRC investors. Consequently, a 100-share position adds $48, thereby bringing July’s total payout to $96.
Why Strategy’s STRC trades below par as the rate decision looms
STRC traded at $96.34 at press time, roughly 3.7% below its $100 par value, as the rate decision approaches. Essentially, the gap reflects what the market expects Strategy to do with the rate at month-end.
However, the discount is not a distress signal but the price of Strategy’s discretion to set the rate, according to Khing Oei, founder and CEO of Treasury Bitcoin. Moreover, Oei argued that the discount largely reflects the dividend that has not yet been paid, as well as uncertainty over whether the rate move restores par.
At the current 11.50% rate, 100 shares earn $96 across July’s two semi-monthly payouts. Nonetheless, the June 30 reset could decide whether that figure holds into the months ahead.
