Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Plans Dividend Increase – $0.96 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a monthly dividend on Friday, January 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.9583 per share on Sunday, May 31st. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Friday, May 15th. This is a 0.0% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous monthly dividend of $0.96.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Down 0.0%

Shares of STRC opened at $99.99 on Wednesday. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $90.52 and a 1 year high of $100.42. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of -22.22 and a beta of 3.25.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).