Strategy’s (NASDAQ: $MSTR) dividend-paying preferred stock (NASDAQ: $STRC) is crashing as investors worry about the sustainability of the monthly distribution.
Strategy’s preferred stock finished trading on June 16 at $91.79 U.S., its third-lowest level since trading began in July 2025
STRC stock has been designed to trade as close as possible to its $100 U.S. par value. However, it has remained below that level for an extended period. More From Cryptoprowl: The last time the preferred stock traded at par was on May 15 of this year, its ex-dividend date.
Like most dividend stocks, STRC often declines on its ex-dividend date before gradually recovering. But the stock has not regained par since going ex-dividend on June 15 of this year. The ex-dividend date is the cutoff after which new buyers are no longer entitled to the upcoming dividend payment.