Strive, Inc. filed a Form 8-K on September 15, 2026, reporting that its board of directors maintained the annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA) at 13.00% and declared daily cash dividends for each business day in October 2026.

Key Highlights

  • Dividend rate maintained: The board kept the per annum dividend rate on SATA Stock at 13.00%, effective for periods commencing on or after October 1, 2026.
  • Daily dividend amount: Each business day in October 2026 carries a declared cash dividend of $0.0516 per share of SATA Stock.
  • Monthly aggregate: The total dividend for the full monthly period across 21 business days amounts to $1.0836 per share.
  • Coverage period: Dividends cover October 1, 2026 through October 31, 2026, encompassing 21 business days in the aggregate.
  • Record date structure: Daily payments will be made to stockholders of record at the close of business on the immediately preceding business day.
  • Tax characterization: According to the filing, the company 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, meaning distributions may be treated as tax-deferred recovery of capital.

Strive Board Holds SATA Preferred Dividend Rate and Sets October Payment Schedule

According to the Form 8-K filed with the SEC and dated September 14, 2026, Strive, Inc. (NASDAQ:ASST) announced two related actions by its board of directors. First, the board maintained the regular annual dividend rate on the company's Variable Rate Series A Perpetual Preferred Stock, trading under the symbol SATA on the Nasdaq Stock Market, at 13.00% for periods commencing on or after October 1, 2026. Second, the board declared specific daily cash dividends covering each of the 21 business days in October 2026.

The filing states that each declared daily dividend equals $0.0516 per share of SATA Stock, and that the aggregate dividend for the full monthly period totals $1.0836 per share. Payments are to be made to stockholders of record of SATA Stock at the close of business on the immediately preceding business day, with payment dates running from October 1, 2026 through October 30, 2026 as listed in the filing's table.

The filing also includes guidance on the U.S. federal income tax treatment of the distributions. 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 filing states that distributions, to the extent not treated as made from accumulated or current earnings and profits, "will be treated generally as tax-deferred recovery of capital to the extent of the investor's tax basis" for U.S. investors, and as "exempt from U.S. dividend withholding tax" for non-U.S. investors. The 8-K was signed by Matthew Cole, Chief Executive Officer, on September 14, 2026.

What Was Disclosed

Strive, Inc. disclosed the maintenance of a 13.00% annual dividend rate on its SATA preferred stock and declared daily dividends of $0.0516 per share for all 21 business days in October 2026, aggregating to $1.0836 per share for the month.