Strive, Inc. Announces Daily Dividends on SATA Stock and First Quarter 2026 Financial Results
The 13.00% rate stays unchanged, and the shift to daily payments lifts the effective annual yield to about 13.88%, the company said.
- Strive, Inc. announced on Thursday that its Variable Rate Series A Perpetual Preferred Stock will begin paying cash dividends every business day starting June 16, 2026.
- Chairman and Chief Executive Officer Matthew Cole stated the firm is now debt-free with zero margin requirements, enabling the shift to daily dividends as a cash yield instrument.
- Annualized dividends remain at 13.00%, though daily compounding increases the effective annual yield to approximately 13.88% across roughly 250 business days per year.
- According to Cole, this change marks a "zero-to-one innovation," positioning SATA as the first listed U.S. security to pay cash dividends every single business day.
- Bitcoin holdings now total 15,009 as Strive continues executing its long-term strategy designed to outperform bitcoin over time, bolstering its treasury position.
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Hastings Tribune
Strive, Inc. Announces Daily Dividends on SATA Stock and First Quarter 2026 Financial Results
DALLAS, May 14, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced that it will begin paying dividends on its Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock") on a daily basis.…
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Strive stock jumped nearly 6% after the company announced its daily dividend payouts for investors holding its Series A Perpetual Preferred Stock (SATA). The firm revealed its SATA stock will begin paying daily dividends starting June 16. The preferred shares currently offer a 13% annualized dividend rate, with the daily structure expected to slightly boost the effective annual yield through more frequent compounding. CEO Matt Cole said Strive a…
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Strive Inc., the Bitcoin-focused company founded by Vivek Ramaswamy, has unveiled a bold shift toward a “Daily Dividend Company” model while reporting a debt-free quarter. In a GlobeNewswire release outlining its first-quarter 2026 results, Strive said its Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will begin paying dividends every business day starting June 16, at an annualized rate of 13%. The payouts will be funded by inco…
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