Strive bumps its preferred dividend to 13%

A tiny rate hike, but make it corporate

Strive, Inc. said it’s lifting the dividend rate on its Variable Rate Series A Perpetual Preferred Stock — aka SATA — by 25 basis points, from 12.75% to 13.00%, starting with monthly periods on or after April 15, 2026.

That’s not exactly a jaw-dropper for common-stock traders, but for preferred holders it matters. Preferred shares are basically the coupon-carrying middle child of the capital stack: not as exciting as common equity, but very much the one you notice when payouts change.

What gets paid, and when

The company also declared a dividend of $1.0833 per share of SATA Stock, payable May 15, 2026, to holders of record as of May 1.

A few takeaways:

• The payout is now a touch richer thanks to the higher rate.
• Strive said the dividend should qualify as a non-taxable return of capital to the extent of a holder’s tax basis.
• For investors, the headline isn’t just the cash — it’s that Strive is continuing to actively manage its preferred structure.

Why you should care

If you’re holding SATA, this is pretty straightforward: your income stream just got a little fatter. If you’re watching ASST, the move is another reminder that the company is still navigating its financing setup in a pretty hands-on way.

Big picture: not a blockbuster catalyst, but definitely the kind of update income investors actually read instead of letting autoplay in the background.