Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) to Issue Dividend of $0.04

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Monday, October 19th. Stockholders of record on Monday, November 30th will be given 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 Stock Performance

Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.09 during trading on Tuesday, hitting $98.71. The stock had a trading volume of 1,307,782 shares, compared to its average volume of 2,337,255. 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. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of -21.94 and a beta of 3.25. The company’s 50-day moving average price is $97.93.

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.