Strive, Inc. filed a Form 8-K on August 14, 2026, disclosing that its board of directors maintained the dividend rate on its Variable Rate Series A Perpetual Preferred Stock at 13.00% per annum and declared daily cash dividends for the period from September 1, 2026 through September 30, 2026.

Key Highlights

  • Dividend rate maintained: The board kept the annual dividend rate on SATA Stock at 13.00%, effective for periods commencing on or after September 1, 2026.
  • Daily dividend amount: Each business day in September 2026 carries a declared cash dividend of $0.0516 per share of SATA Stock.
  • Monthly aggregate: The total declared dividend for the full monthly period is $1.0836 per share, covering 21 business days.
  • Record date structure: Daily payments are made to stockholders of record at the close of business on the immediately preceding business day.
  • Tax characterization: The company disclosed it has no 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 return of capital.
  • Two securities listed: The company's Class A common stock trades as NASDAQ:ASST and its preferred stock trades under the symbol SATA, also on Nasdaq.

Strive Board Declares September 2026 Daily Dividends on SATA Preferred Shares

According to the filing, Strive, Inc. (NASDAQ:ASST), a Nevada-incorporated company headquartered at 200 Crescent Ct., Suite 1400, Dallas, Texas 75201, reported on August 13, 2026 that its board of directors maintained the regular dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA) at 13.00% per annum. The rate applies to periods commencing on or after September 1, 2026.

The board also declared daily cash dividends of $0.0516 per share of SATA Stock for each of the 21 business days in September 2026, the filing stated. In aggregate for the full monthly period, this equals $1.0836 per share. The dividend schedule runs from September 1, 2026 through September 30, 2026, with each daily payment made to stockholders of record at the close of business on the immediately preceding business day, as listed in a detailed table included in the filing.

On the tax treatment of these distributions, the filing disclosed that, to the extent distributions on SATA Stock are not treated as made out of accumulated or current earnings and profits, they "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 company stated 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." The 8-K was signed by Matthew Cole, Chief Executive Officer.

What Was Disclosed

Strive, Inc. disclosed the maintenance of its 13.00% annual dividend rate on SATA preferred stock and declared daily cash dividends of $0.0516 per share for each of 21 business days in September 2026, totaling $1.0836 per share for the month.