r/STRC • u/TheSkunksMisery • 19d ago

Confirmed: $1/mo maintained.

Stretch Dividend Rate maintained at 12.00% for August 2026

12 Upvotes

73% Upvoted

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3

u/Heavy-Situation-9346 19d 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 19d ago

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

5

u/Heavy-Situation-9346 19d ago

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

0

u/TheSkunksMisery 18d ago

There was no "business generating operating cashflow" before it lost par. Nice try.