Following a steady volume-weighted average price of $99.76 in April, Strategy has opted to keep the dividend rate for its Stretch (STRC) perpetual preferred stock at 11.5% for May, marking the third consecutive month at this rate. This decision was made possible by the price being close enough to its $100 par value. Since its listing in July 2025 with a 9% dividend, STRC has experienced several increases as the company seeks to minimize volatility and maintain a price near its $100 par value.
Strategy positions STRC as a short-term, high-yield savings alternative that distributes monthly cash payments. Currently trading at $99.75, STRC has remained below par since April 15, but a return to $100 is anticipated next week based on historical trends. Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, a 33% increase, and its first positive month in nine.
Prior to this, the stock had fallen by 75% over eight consecutive losing months from August 2025 to March 2026, according to data from TradingView. Bitcoin also experienced a 12% increase in April, its best monthly performance since April 2025. Furthermore, Strategy is exploring the possibility of shifting to semi-monthly dividend payments for STRC, moving away from its current monthly distribution structure to further minimize volatility.