Strive Inc. (ASST) keeps 13.00% SATA preferred dividend and details tax treatment
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. reported that its board of directors maintained the regular annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at 13.00%, effective for periods commencing on or after August 1, 2026.
The board declared daily cash dividends of $0.0516 per share of SATA Stock for each of the 21 business days from August 3 through August 31, 2026, totaling $1.0836 for the full monthly period. Dividends are payable to stockholders of record at the close of business on the immediately preceding business day. For U.S. federal income tax purposes, Strive states 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 these distributions are generally treated as a tax-deferred recovery of capital for U.S. investors and exempt from U.S. dividend withholding tax for non‑U.S. investors.
Positive
- None.
Negative
- No accumulated or expected earnings and profits are cited for U.S. tax purposes, as Strive states it does not have accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future.
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
SATA dividend rate: 13.00% per annum
Daily dividend per share: $0.0516
Monthly aggregate dividend: $1.0836
+3 more
6 metrics
SATA dividend rate
13.00% per annum
Regular dividend rate on SATA Stock effective for periods commencing on or after August 1, 2026
Daily dividend per share
$0.0516
Cash dividend per share of SATA Stock for each business day from August 3–31, 2026
Monthly aggregate dividend
$1.0836
Total dividend per share of SATA Stock for the full monthly period of 21 business days in August 2026
Number of business days
21 business days
Business days covered by daily dividends from August 3, 2026 through August 31, 2026
First payment date
August 3, 2026
Initial daily dividend payment date on SATA Stock for the August 2026 period
First record date
July 31, 2026
Record date for the August 3, 2026 SATA Stock dividend payment
Key Terms
Variable Rate Series A Perpetual Preferred Stock, stockholders of record, recovery of capital, earnings and profits, +1 more
5 terms
Variable Rate Series A Perpetual Preferred Stock financial
"Dividend Rate on SATA Stock On July 14, 2026, Strive, Inc. announced its Variable Rate Series A Perpetual Preferred Stock"
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.
stockholders of record financial
"Daily payments will be made to stockholders of record of SATA Stock at the close of business"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
recovery of capital financial
"they will be treated generally as tax-deferred recovery of capital to the extent of the investor’s tax basis"
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.
withholding tax financial
"will be treated as exempt from U.S. dividend withholding tax (in the case of a non-U.S. investor)"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
FAQ
What dividend rate did Strive Inc. (ASST) set for its SATA preferred stock?
Strive’s board kept the annual dividend rate on its SATA preferred stock at 13.00%. This rate is effective for periods starting on or after August 1, 2026, and underpins the daily cash dividends declared for August 2026.
How much will ASST’s SATA Stock holders receive in dividends for August 2026?
Holders of SATA Stock will receive $0.0516 per share for each of 21 business days from August 3–31, 2026, totaling $1.0836 for the full monthly period, subject to being stockholders of record on the preceding business day.
What are the key dividend payment and record dates for Strive’s SATA Stock in August 2026?
Dividend payments run from August 3 to August 31, 2026, on each business day. For each payment date, the record date is the immediately preceding business day, such as July 31, 2026 for the August 3, 2026 payment.
How are SATA Stock dividends treated for U.S. federal income tax purposes?
Strive states that, because it has no accumulated earnings and profits and does not expect to generate current earnings and profits, SATA Stock distributions are generally treated as tax-deferred recovery of capital to U.S. investors rather than taxable dividends.
How are ASST’s SATA Stock dividends treated for non-U.S. investors?
For non-U.S. investors, Strive explains that SATA Stock distributions that are not out of earnings and profits are treated as exempt from U.S. dividend withholding tax. This follows the same earnings and profits analysis applied for U.S. federal income tax purposes.
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, a point relevant to how SATA dividends are classified for tax purposes.
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): July 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:
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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 July 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 August 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 August 3, 2026 through August 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 | ||||||||||||
| August 3, 2026 | July 31, 2026 | $ | 0.0516 | |||||||||||
| August 4, 2026 | August 3, 2026 | $ | 0.0516 | |||||||||||
| August 5, 2026 | August 4, 2026 | $ | 0.0516 | |||||||||||
| August 6, 2026 | August 5, 2026 | $ | 0.0516 | |||||||||||
| August 7, 2026 | August 6, 2026 | $ | 0.0516 | |||||||||||
| August 10, 2026 | August 7, 2026 | $ | 0.0516 | |||||||||||
| August 11, 2026 | August 10, 2026 | $ | 0.0516 | |||||||||||
| August 12, 2026 | August 11, 2026 | $ | 0.0516 | |||||||||||
| August 13, 2026 | August 12, 2026 | $ | 0.0516 | |||||||||||
| August 14, 2026 | August 13, 2026 | $ | 0.0516 | |||||||||||
| August 17, 2026 | August 14, 2026 | $ | 0.0516 | |||||||||||
| August 18, 2026 | August 17, 2026 | $ | 0.0516 | |||||||||||
| August 19, 2026 | August 18, 2026 | $ | 0.0516 | |||||||||||
| August 20, 2026 | August 19, 2026 | $ | 0.0516 | |||||||||||
| August 21, 2026 | August 20, 2026 | $ | 0.0516 | |||||||||||
| August 24, 2026 | August 21, 2026 | $ | 0.0516 | |||||||||||
| August 25, 2026 | August 24, 2026 | $ | 0.0516 | |||||||||||
| August 26, 2026 | August 25, 2026 | $ | 0.0516 | |||||||||||
| August 27, 2026 | August 26, 2026 | $ | 0.0516 | |||||||||||
| August 28, 2026 | August 27, 2026 | $ | 0.0516 | |||||||||||
| August 31, 2026 | August 28, 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: | July 14, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||