MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Plans $2.00 Quarterly Dividend

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 2.00 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Monday, June 15th.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Performance

Shares of STRK traded up $1.37 during trading hours on Friday, reaching $69.57. The company had a trading volume of 114,670 shares, compared to its average volume of 168,552. The firm has a 50 day simple moving average of $73.71 and a 200-day simple moving average of $78.47. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 12-month low of $64.00 and a 12-month high of $129.48.

Hedge Funds Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

A number of large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC purchased a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 1st quarter valued at about $104,000. Fiduciary Alliance LLC increased its holdings in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% during the 4th quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock valued at $236,000 after acquiring an additional 197 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% during the 4th quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock valued at $346,000 after acquiring an additional 1,536 shares in the last quarter.

MicroStrategy Incorporated is a global leader in enterprise analytics and business intelligence software. The company develops and markets a comprehensive analytics platform that enables organizations to visualize and analyze data from multiple sources, build interactive dashboards, and deliver insights through web and mobile applications. Its product suite includes on-premise and cloud-based offerings, designed to support large-scale deployments across a wide range of industries, from financial services and healthcare to retail and manufacturing.

Founded in 1989 by Chairman and co-founder Michael Saylor and co-founder Sanju Bansal, MicroStrategy has grown from a boutique software startup into an established public company.