Strive keeps 13% dividend on SATA preferred
Strive keeps the SATA preferred dividend rate at 13% and details October 2026 daily cash dividends and their tax treatment.
Rhea-AI Filing Summary
Strive, Inc. (ASST) reported that its board of directors maintained the regular dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at 13.00% per annum, effective for periods commencing on or after October 1, 2026. The board declared daily cash dividends of $0.0516 per share of SATA Stock for each business day from October 1, 2026 through October 31, 2026, totaling $1.0836 per share for the full monthly period, based on 21 business days. The company states that 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, so distributions may be treated, to the extent described, as tax-deferred recovery of capital for certain investors and exempt from U.S. dividend withholding tax for certain non-U.S. investors.
Positive
- None.
Negative
- None.
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
Dividend rate on SATA Stock: 13.00% per annum
Daily dividend per SATA share: $0.0516 per share
Total monthly dividend per SATA share: $1.0836 per share
+2 more
5 metrics
Dividend rate on SATA Stock
13.00% per annum
Maintained by the board for periods commencing on or after October 1, 2026
Daily dividend per SATA share
$0.0516 per share
Declared for each business day from October 1, 2026 through October 31, 2026
Total monthly dividend per SATA share
$1.0836 per share
Aggregate for the full October 2026 monthly period based on 21 business days
Number of business days
21 business days
Business days in the October 1–31, 2026 dividend period for SATA Stock
Accumulated earnings and profits
$0
Company states it does not have any accumulated earnings and profits
Key Terms
Variable Rate Series A Perpetual Preferred Stock, SATA Stock, recovery of capital, earnings and profits, +1 more
5 terms
Variable Rate Series A Perpetual Preferred Stock financial
"Variable Rate Series A Perpetual Preferred Stock, $0.001 par value per share"
A variable rate series A perpetual preferred stock is a type of share that pays a priority cash distribution whose amount resets periodically based on a reference interest rate, carries a specific series label (Series A), and has no fixed maturity date so it can remain outstanding indefinitely. Investors care because it offers higher priority income than common stock and a yield that moves with market rates—providing potential protection when rates rise but more income uncertainty than a fixed coupon.
SATA Stock financial
"maintained the regular dividend rate per annum on the Company’s SATA Stock"
recovery of capital financial
"they will be treated generally as tax-deferred recovery of capital"
earnings and profits financial
"to the extent distributions on the SATA Stock are 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.
dividend withholding tax financial
"treated as exempt from U.S. dividend withholding tax (in the case of a non-U.S. investor)"
A dividend withholding tax is a government charge taken directly from dividend payments before they reach shareholders, so investors receive a smaller net payout. It matters because it reduces the cash investors actually get and can affect after-tax returns; depending on where the investor lives and tax treaties, some or all of the withheld amount may be claimed back or credited against other taxes, so careful record-keeping influences the final investment outcome.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend rate did Strive, Inc. (ASST) set for its SATA preferred stock?
Strive’s board maintained the dividend rate on its SATA Stock at 13.00% per annum, effective for periods commencing on or after October 1, 2026. This rate underlies the daily cash dividends declared for October 2026.
What daily and monthly dividends will ASST’s SATA Stock pay for October 2026?
For October 1–31, 2026, Strive declared daily cash dividends of $0.0516 per share of SATA Stock for each business day, totaling $1.0836 per share for the full monthly period, based on 21 business days in aggregate.
What are the key record and payment dates for Strive’s October 2026 SATA dividends?
Daily payments will be made from October 1, 2026 through October 30, 2026 to SATA stockholders of record as of the immediately preceding business day, following the detailed schedule of record and payment dates provided for each business day in that period.
How might SATA Stock dividends be treated for U.S. federal income tax purposes?
Strive states that, to the extent distributions on SATA Stock are not from accumulated or current earnings and profits, they are generally treated as tax-deferred recovery of capital for U.S. investors and reduce tax basis, according to the company’s description.
What tax treatment does Strive describe for non-U.S. investors in SATA Stock?
Strive explains that, from a U.S. federal income tax standpoint, to the extent distributions on SATA Stock are not made out of earnings and profits, they will be treated as exempt from U.S. dividend withholding tax for non-U.S. investors, according to the company’s guidance.
What does Strive, Inc. say about its earnings and profits outlook?
Strive states 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, which is relevant to the tax characterization of SATA Stock distributions.
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): September 14, 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 SATA Stock
On September 14, 2026, Strive, Inc. ("Strive" or the "Company") announced that its board of directors maintained the regular dividend rate per annum on the Company’s SATA Stock at 13.00%, effective for periods commencing on or after October 1, 2026.
Cash Dividend Declaration
Strive also announced that its board of directors declared daily cash dividends of $0.0516 (or $1.0836 in the aggregate for the full monthly period) per share of SATA Stock for each business day for the period from October 1, 2026 through October 31, 2026, as listed in the table below (21 business days in the aggregate), which represents a per annum dividend rate of 13.00% on the SATA Stock. Daily payments will be made to stockholders of record of SATA Stock at the close of business on the immediately preceding business day.
| Payment date | Record date | Dividend | ||||||||||||
| October 1, 2026 | September 30, 2026 | $ | 0.0516 | |||||||||||
| October 2, 2026 | October 1, 2026 | $ | 0.0516 | |||||||||||
| October 5, 2026 | October 2, 2026 | $ | 0.0516 | |||||||||||
| October 6, 2026 | October 5, 2026 | $ | 0.0516 | |||||||||||
| October 7, 2026 | October 6, 2026 | $ | 0.0516 | |||||||||||
| October 8, 2026 | October 7, 2026 | $ | 0.0516 | |||||||||||
| October 9, 2026 | October 8, 2026 | $ | 0.0516 | |||||||||||
| October 13, 2026 | October 9, 2026 | $ | 0.0516 | |||||||||||
| October 14, 2026 | October 13, 2026 | $ | 0.0516 | |||||||||||
| October 15, 2026 | October 14, 2026 | $ | 0.0516 | |||||||||||
| October 16, 2026 | October 15, 2026 | $ | 0.0516 | |||||||||||
| October 19, 2026 | October 16, 2026 | $ | 0.0516 | |||||||||||
| October 20, 2026 | October 19, 2026 | $ | 0.0516 | |||||||||||
| October 21, 2026 | October 20, 2026 | $ | 0.0516 | |||||||||||
| October 22, 2026 | October 21, 2026 | $ | 0.0516 | |||||||||||
| October 23, 2026 | October 22, 2026 | $ | 0.0516 | |||||||||||
| October 26, 2026 | October 23, 2026 | $ | 0.0516 | |||||||||||
| October 27, 2026 | October 26, 2026 | $ | 0.0516 | |||||||||||
| October 28, 2026 | October 27, 2026 | $ | 0.0516 | |||||||||||
| October 29, 2026 | October 28, 2026 | $ | 0.0516 | |||||||||||
| October 30, 2026 | October 29, 2026 | $ | 0.0516 | |||||||||||
ROC Dividend Guidance
From a U.S. federal income tax perspective, to the extent distributions on the SATA Stock 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: | September 14, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||