MicroStrategy (MSTR) amends STRC Stock dividend terms: semi-monthly payments, adjustable rates

Filed June 23, 2026 · ~1 min read

Key Changes

• medium

  Dividend payment frequency increases from monthly to semi-monthly (24 times per year vs. 12), with payments on the 15th and last day of each month starting July 15, 2026.

  Risk Factors verify on EDGAR →
• high

  Company gains discretion to adjust the dividend rate for each roughly-monthly reference period, subject to floors: cannot reduce by more than 25 basis points plus a SOFR-based adjustment, and cannot reduce below the monthly SOFR rate in effect the business day before notice.

  Risk Factors verify on EDGAR →
• medium

  Unpaid dividends now compound semi-monthly (twice per month) rather than monthly, accelerating the accumulation of unpaid obligations if the company fails to pay a declared dividend.

  Risk Factors verify on EDGAR →