{
  "id": 48879,
  "title": "Strategy leaves preferred STRC dividend at 12% as price still below par",
  "url": "https://urgent.news/2026/08/02/strategy-leaves-preferred-strc-dividend-at-12-as-price-still-below-par",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-02T15:23:33.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/strategy-leaves-preferred-strc-dividend-at-12-price-still-below-par"
  },
  "original_language": "en",
  "account": "Strategy has maintained its preferred STRC dividend at 12% despite the stock trading below its $100 par value. Executive chairman Michael Saylor informed investors that the August dividend will remain unchanged, opting to focus on promoting the stock as a means to \"stretch your income.\" The dividend was increased to 12% in June, marking the second semi-monthly payment approved by shareholders. STRC shares concluded Friday's trading at $89.46, marking a 5.42% gain for the month, following a 50 basis point hike from the previous 11.5% rate. Volume on Nasdaq was roughly two-thirds of the daily average for the day. Saylor affirmed the company's objective to have STRC trade around $99-$100 over time, while acknowledging the current trading price remains significantly lower than par.",
  "summary": "Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}