Strategy (MSTR), led by Executive Chairman Michael Saylor, announced it will maintain the dividend on its high-yielding preferred stock STRC at 12% for August. This decision comes despite STRC currently trading at $89.46, significantly below its $100 par value. Historically, Strategy has raised the dividend when STRC traded sizably below par, as seen in July when the payout was lifted by 50 basis points after the stock fell to $71 in June.