Strategy says shareholders approved Proposal 5 at its June 8 annual meeting, letting STRC move from monthly to twice-monthly record and payment dates. The new cadence starts with a June 30, 2026 record date and a July 15 payment, subject to board declaration; the final monthly setup is a June 15 record date and June 30 payment. This does not add yield by itself — it splits the cash flow into smaller, faster payments meant to keep STRC closer to its $100 target, smooth ex-dividend churn, and make the preferred stock more liquid.

TLDR by @Benthic

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