Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Increases 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 of this dividend 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 Trading Up 0.5%

Shares of STRC traded up $0.45 during mid-day trading on Wednesday, reaching $99.16. 479,804 shares of the stock traded hands, compared to its average volume of 2,327,760. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of -22.04 and a beta of 3.25. The firm has a fifty day moving average of $97.93. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12-month low of $71.25 and a 12-month high of $100.42.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile

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.