Dividends
The 12%
comes twice a month.
STRC pays a variable dividend, now twice a month. The rate is reviewed monthly under a rules-based framework anchored to $100 par. A steady rhythm, not a promise.
Annual Dividend Rate
12%
▲ +0.50%since July
Per Share / Month
$1.000/mo
$12.00 per year · paid twice a month (2 × $0.500)
Next Payment
Jul 31
Ex-date: Jul 15
Upcoming dates
July 2026
Ex-Dividend
Jul 15, 2026
Own by prior close
Record Date
Jul 15, 2026
Holders of record
Payment
Jul 31, 2026
Cash to holders
Dividend rate over time
Declared rate resets each month. Each ball marks one month's published rate.
Declared rate
The rhythm
The dip isn't a loss.
It's the rhythm of payment.
STRC's share price drops on ex-dividend day by roughly the payment amount, a mechanical adjustment, not a reaction to news. Anyone who held through the ex-date receives the cash on the payment date. The rate-adjustment framework then works to pull the price back to $100 par. Whether that happens, and how fast, depends on market conditions.
11.7
trading days
Average time to recover to $100 par, across months where recovery occurred.
6 of 11 months recovered
Every ex-date, the bounce
RecoveredDid not recoverIn progress
Month
Ex-Date
Close
Days
Recovery path
Status
June 2026
2026-06-15
$95.20
--
In progress
May 2026
2026-05-15
$99.19
--
Did not recover
April 2026
2026-04-15
$99.32
18
Recovered
March 2026
2026-03-13
$99.75
12
Recovered
February 2026
2026-02-13
$99.80
8
Recovered
January 2026
2026-01-15
$99.99
1
Recovered
December 2025
2025-12-15
$97.70
16
Recovered
November 2025
2025-11-14
$97.76
--
Did not recover
October 2025
2025-10-15
$98.38
15
Recovered
September 2025
2025-09-15
$96.90
--
Did not recover
August 2025
2025-08-15
$96.95
--
Did not recover
Recovery is not guaranteed. "Days" is trading days from ex-date to first close at or above $100.00. Months that didn't recover in this period still paid their dividends in cash.
Dividend history
Rate set monthly, paid in cash. Twice a month since July 2026. Rate rises shown in gold.
Month
Rate
Trend
Ex-Date
Pay Date
Per Share
July 2026
12.00%
2026-07-15
2026-07-31
$1.000
June 2026
11.50%
2026-06-15
2026-06-30
$0.958
May 2026
11.50%
2026-05-15
2026-05-31
$0.958
April 2026
11.50%
2026-04-15
2026-04-30
$0.958
March 2026
11.50%
2026-03-13
2026-03-31
$0.958
February 2026
11.25%
2026-02-13
2026-02-28
$0.938
January 2026
11.00%
2026-01-15
2026-01-31
$0.917
December 2025
10.75%
2025-12-15
2025-12-31
$0.896
November 2025
10.50%
2025-11-14
2025-11-30
$0.875
October 2025
10.25%
2025-10-15
2025-10-31
$0.854
September 2025
10.00%
2025-09-15
2025-09-30
$0.833
August 2025
9.00%
2025-08-15
2025-08-31
$0.800