Strive declares first $0.871 preferred dividend
Strive says SATS distributions generally will be treated as tax-deferred recovery of capital for U.S. investors to the extent of their tax basis.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. (ASST) declared a first cash dividend of $0.8710 per share on its 15.00% Series A Perpetual SATS Preferred Stock, payable November 9, 2026, to holders of record November 6, 2026. The initial payment covers October 21 through November 9, 2026.
For November 10 through November 30, 2026, Strive declared daily dividends of $0.0658 per share per business day, or $0.8554 per share across 13 business days, with each payment made to holders of record on the preceding business day. The shares accrue cumulative dividends at 15.00% annually on a $100.00 stated amount per share. Strive says it has no accumulated earnings and profits and does not expect current earnings and profits in the current year or foreseeable future; distributions generally will be treated as tax-deferred recovery of capital for U.S. investors, to the extent of tax basis, and exempt from U.S. dividend withholding tax for non-U.S. investors.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Initial dividend per share: $0.8710 per share
Daily dividend per share: $0.0658 per share
Aggregate daily dividends per share: $0.8554 per share
+3 more
6 metrics
Initial dividend per share
$0.8710 per share
Initial dividend payable November 9, 2026
Daily dividend per share
$0.0658 per share
Each business day from November 10 through November 30, 2026
Aggregate daily dividends per share
$0.8554 per share
Across 13 business days from November 10 through November 30, 2026
Annual dividend rate
15.00%
Fixed annual rate on SATS Stock
Stated amount
$100.00 per share
Amount on which the 15.00% annual dividend rate accrues
Business days
13 business days
Daily dividend period from November 10 through November 30, 2026
Key Terms
cumulative dividends, stated amount, earnings and profits, recovery of capital
4 terms
cumulative dividends financial
"The SATS Stock accrues cumulative dividends at a fixed rate"
A feature of some dividend-paying securities—most often preferred shares—where any dividends the issuer skips or defers are recorded and must be paid later before other shareholders receive dividends. Think of it like missed subscription payments that pile up and must be settled first. For investors this matters because it increases the likelihood of receiving owed income and gives these holders priority on company cash, affecting income reliability and risk.
stated amount financial
"on the $100.00 stated amount per share"
earnings and profits financial
"not treated as being made out of the Company's accumulated or current earnings and profits"
Earnings and profits describe the money a business keeps after covering its costs and expenses; 'earnings' usually means the final bottom-line amount while 'profits' can refer to that or to earlier stages after some costs are deducted. Investors watch these figures as a measure of a company's ability to grow, pay dividends and justify its stock price—think of it like a household’s leftover income after all bills, savings and necessary spending are paid.
recovery of capital financial
"tax-deferred recovery of capital to the extent of the investor’s tax basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the initial ASST SATS dividend and when is it paid?
ASST declared an initial cash dividend of $0.8710 per SATS share, payable November 9, 2026, to holders of record at close of business November 6, 2026. The initial dividend covers October 21 through November 9, 2026.
What daily SATS dividend did ASST declare for the rest of November 2026?
For November 10 through November 30, 2026, ASST declared $0.0658 per share for each business day, totaling $0.8554 per share over 13 business days. Each payment is made to holders of record at close of business on the immediately preceding business day.
How does ASST describe the tax treatment of SATS dividends?
To the extent distributions are not treated as paid from accumulated or current earnings and profits, ASST says they generally will be treated as tax-deferred recovery of capital for U.S. investors up to their tax basis, and as exempt from U.S. dividend withholding tax for non-U.S. investors. ASST says it has no accumulated earnings and profits and does not expect current earnings and profits in the current year or foreseeable future.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________________________________
FORM 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 21, 2026
_________________________________________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices and zip code) | ||||||||
Registrant’s Telephone Number, Including Area Code: (855 ) 427-7360
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
Dividend Rate on SATS
On October 21, 2026, Strive, Inc. ("Strive" or the "Company") announced the declaration by the board of directors of the Company of the first cash dividends on the Company’s 15.00% Series A Perpetual SATS Preferred Stock (the "SATS Stock"). The SATS Stock accrues cumulative dividends at a fixed rate of 15.00% per annum on the $100.00 stated amount per share, as further detailed in the governing documentation for the SATS Stock.
Cash Dividend Declaration: Initial Dividend Periods
Strive announced that its board of directors declared a cash dividend of $0.8710 per share (comprised of $0.4762 per share of SATS Stock for the portion of the initial dividend period from October 21, 2026 to and including October 31, 2026 (8 business days), and $0.3947 per share of SATS Stock for portion of the initial dividend period from November 1, 2026 to and including November 9, 2026 (6 business days)), representing a per annum dividend rate of 15.00% on the SATS Stock as calculated in the governing documentation for the SATS Stock. The initial dividend will be paid on November 9, 2026 to stockholders of record of SATS Stock at the close of business on November 6, 2026 ($0.8710 per share in the aggregate).
Cash Dividend Declaration: Daily Dividends for Remainder of November 2026
| Payment date | Record date | Dividend | ||||||||||||
| November 9, 2026 | November 6, 2026 | $ | 0.8710 | |||||||||||
Cash Dividend Declaration: Daily Dividends for Remainder of November 2026
Strive also announced that its board of directors declared daily cash dividends of $0.0658 (or $0.8554 in the aggregate) per share of SATS Stock for each business day for the period from November 10, 2026 to and including November 30, 2026, as listed in the table below (13 business days in the aggregate), which represents a per annum dividend rate of 15.00% on the SATS Stock as calculated in the governing documentation for the SATS Stock. Daily payments will be made to stockholders of record of SATS Stock at the close of business on the immediately preceding business day.
| Payment date | Record date | Dividend | ||||||||||||
| November 10, 2026 | November 9, 2026 | $ | 0.0658 | |||||||||||
| November 12, 2026 | November 10, 2026 | $ | 0.0658 | |||||||||||
| November 13, 2026 | November 12, 2026 | $ | 0.0658 | |||||||||||
| November 16, 2026 | November 13, 2026 | $ | 0.0658 | |||||||||||
| November 17, 2026 | November 16, 2026 | $ | 0.0658 | |||||||||||
| November 18, 2026 | November 17, 2026 | $ | 0.0658 | |||||||||||
| November 19, 2026 | November 18, 2026 | $ | 0.0658 | |||||||||||
| November 20, 2026 | November 19, 2026 | $ | 0.0658 | |||||||||||
| November 23, 2026 | November 20, 2026 | $ | 0.0658 | |||||||||||
| November 24, 2026 | November 23, 2026 | $ | 0.0658 | |||||||||||
| November 25, 2026 | November 24, 2026 | $ | 0.0658 | |||||||||||
| November 27, 2026 | November 25, 2026 | $ | 0.0658 | |||||||||||
| November 30, 2026 | November 27, 2026 | $ | 0.0658 | |||||||||||
ROC Dividend Guidance
From a U.S. federal income tax perspective, to the extent distributions on SATS are not treated as being made out of the Company's 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 (in the case of a U.S. investor) and will be treated as exempt from U.S. dividend withholding tax (in the case of a non-U.S. investor). 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.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Strive, Inc. | |||||||||||
| Date: | October 21, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||