Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Raises Dividend to $0.04 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Tuesday, October 20th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th. This is a 33.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.03.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Price Performance

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.35 during mid-day trading on Wednesday, hitting $99.06. 282,531 shares of the company were exchanged, compared to its average volume of 2,326,030. The business has a fifty day moving average of $97.93. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1-year low of $71.25 and a 1-year high of $100.42. The company has a market capitalization of $2.57 billion, a P/E ratio of -22.01 and a beta of 3.25.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc, formerly known as MicroStrategy Incorporated, develops enterprise analytics and business intelligence software. Its platform is designed to help organizations access, analyze, visualize and distribute data for reporting, decision-making and operational oversight. The company serves business customers across a range of industries and supports deployments through cloud-based and other enterprise delivery models.

Strategy has also established a significant digital asset treasury strategy centered on bitcoin.