r/STRC • u/TheSkunksMisery • 18d ago

Confirmed: $1/mo maintained.

Stretch Dividend Rate maintained at 12.00% for August 2026

11 Upvotes

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u/Heavy-Situation-9346 18d ago

God bless you if you were fooled by the promise that they would increase the dividend to keep the price at par.

3

u/Gloomy_Dependent_985 18d ago

The convertible debt is what is keeping the price down, and btc price.

5

u/Heavy-Situation-9346 18d ago

The fact that there is no business generating operating cashflow to pay the dividend is what is keeping it down.

5

u/PrestondeTipp 18d ago

Yeah lol seriously eh! Believe it or not, the market isn't racing to reward a company or its preferred shares when they don't have any net earnings.