STRC Dividend Held Steady at 11.5% as Stock Sees First Monthly Gain in Nine Months

The author of this article has a stake in MicroStrategy (MSTR). As the largest publicly traded bitcoin holder, MicroStrategy (MSTR) has kept the dividend rate for its perpetual preferred stock, STRC, at 11.5% for May. This marks the third month in a row that the dividend has remained unchanged.

The volume-weighted average price for April was $99.76, which is close enough to the $100 par value to justify maintaining the current rate. Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases as the company aims to minimize volatility and keep the price near its $100 par value. MicroStrategy positions STRC as a short-term, high-yield savings option that distributes cash monthly.

Currently, STRC is trading at $99.75 and has been below par since April 15, but it is expected to return to $100 next week based on historical trends. Meanwhile, MSTR common stock has shown signs of recovery, ending April at $165, which represents a 33% increase and its first positive month in nine. Prior to this, the stock had fallen 75% over eight consecutive months from August 2025 to March 2026, according to data from TradingView. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025.

Furthermore, MicroStrategy is considering switching to semi-monthly dividend payments for STRC to reduce volatility even further.