MicroStrategy Shareholders Approve Daily Dividends on Four Preferred Stocks

Key facts

• Shareholders approved daily dividends on four preferred stocks.
• The vote passed with 99.3% of votes in favor.
• The change applies to STRC, STRF, STRK and STRD preferred stocks.
• STRC will move to a daily dividend schedule starting November 1.
• STRF, STRK and STRD will begin daily dividends on January 1, 2027.
• MicroStrategy spent $205 million repurchasing STRC shares recently.

MicroStrategy shareholders have approved a plan to pay daily dividends on four of its preferred stocks, with 99.3% of votes cast in favor. Executive Chairman Michael Saylor confirmed the preliminary outcome following the company’s October 28 special meeting. The amendment applies to STRC, STRF, STRK and STRD, allowing dividends to be earned on each calendar day. STRC will begin paying dividends on a daily basis in November, while STRF, STRK and STRD will start on January 1, 2027. The company recently spent $205 million repurchasing STRC shares.