Strive, Inc. filed a Form 8-K on November 12, 2026, disclosing that its board of directors increased the annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA) to 13.25% and declared daily cash dividends on both SATA and SATS for December 2026.

Key Highlights

  • SATA rate increase: The board increased the regular annual dividend rate on SATA to 13.25%, effective for periods commencing on or after December 1, 2026.
  • SATA daily dividend: Daily cash dividends of $0.0502 per share of SATA were declared for each of 22 business days in December 2026, totaling $1.1044 per share for the full monthly period.
  • SATS daily dividend: Daily cash dividends of $0.0569 per share of SATS were declared for each of 22 business days in December 2026, totaling $1.2518 per share in the aggregate, representing a 15.00% per annum rate.
  • Payment structure: Daily payments will be made to stockholders of record at the close of business on the immediately preceding business day.
  • Tax treatment guidance: The company disclosed it has no accumulated earnings and profits and does not expect to generate current earnings and profits, meaning distributions may be treated as tax-deferred recovery of capital for U.S. investors and exempt from U.S. dividend withholding tax for non-U.S. investors.

Strive Declares December 2026 Daily Dividends on SATA and SATS Preferred Stock

According to the filing, Strive, Inc. (NASDAQ:ASST) announced on November 12, 2026 that its board of directors approved an increase to the annual dividend rate on the company's Variable Rate Series A Perpetual Preferred Stock, trading under the symbol SATA on the Nasdaq Stock Market. The new rate of 13.25% per annum is effective for periods beginning on or after December 1, 2026. The company also declared daily cash dividends on SATA of $0.0502 per share covering all 22 business days from December 1, 2026 through December 31, 2026, with an aggregate monthly payment of $1.1044 per share.

Separately, the filing disclosed that the board declared daily cash dividends on the company's 15.00% Series A Perpetual SATS Preferred Stock (NASDAQ:SATS) of $0.0569 per share for each of the same 22 business days in December 2026. The aggregate per-share payment for the month on SATS amounts to $1.2518, according to the filing. For both series, record dates are set at the close of business on the business day immediately preceding each payment date, with the first record date for December being November 30, 2026.

The filing also included guidance on the U.S. federal income tax treatment of distributions on both SATA and SATS. The company disclosed that it "does not have any accumulated earnings and profits, and does not expect to generate current earnings and profits in the current year or the foreseeable future." As a result, the company indicated that distributions, to the extent not treated as made from accumulated or current earnings and profits, will generally be treated as tax-deferred recovery of capital for U.S. investors and as exempt from U.S. dividend withholding tax for non-U.S. investors. The filing was signed by Matthew Cole, Chief Executive Officer of Strive, Inc.

What Was Disclosed

Strive, Inc. disclosed an increase in its SATA preferred stock annual dividend rate to 13.25%, declared December 2026 daily dividends on both SATA ($0.0502 per day) and SATS ($0.0569 per day), and provided tax treatment guidance indicating distributions may constitute return of capital.