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Get filing alertsMicroStrategy shareholders approve shift to semi-monthly STRC preferred dividend payments
Filed June 8, 2026 · Period ending June 8, 2026 · ~1 min read
Key Changes
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Shareholders voted to change Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) dividend payments from monthly to semi-monthly frequency, affecting both record dates and payment dates.
Item 8.01 — Other Events verify on EDGAR →
Summary
At its June 8, 2026 annual meeting, MicroStrategy shareholders approved an amendment to the company's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The change doubles the frequency of dividend payments from once monthly to twice monthly (semi-monthly), affecting both when dividends are recorded and when they're paid out. For STRC holders, this means more frequent cash flows, though the total annual dividend amount remains unchanged—just distributed in smaller, more frequent installments.
The approval was based on preliminary voting results from shares outstanding as of the April 17, 2026 record date. Investors should watch for the company's announcement of the new semi-monthly payment schedule and the effective date when the revised dividend calendar takes effect.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 17, 2026 · How we verify