Maintains 13.00% dividend rate on SATA preferred stock for October

What did Strive, Inc. announce?

Strive, Inc. announced its board maintained the 13.00% annual dividend rate on its SATA preferred stock for October 2026, declaring daily cash dividends of $0.0516 per share.

Key details

• The regular dividend rate per annum on SATA Stock remains 13.00% for periods commencing on or after October 1, 2026.
• Daily cash dividends of $0.0516 per share of SATA Stock were declared for each business day from October 1, 2026, through October 31, 2026.
• The aggregate monthly dividend for October will be $1.0836 per share over 21 business days.
• The company does not expect to generate current earnings and profits, so distributions will generally be treated as tax-deferred recovery of capital.

Why it matters

This 8-K reports a capital return at Strive, Inc.. The likely share-price reaction reads as neutral.

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All Strive, Inc. SEC filings →