MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) Trading Up 1.2% – Time to Buy?

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $95.19 and last traded at $94.73. 52,320 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 162,133 shares. The stock had previously closed at $93.60.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Stock Performance

The firm’s 50 day moving average is $98.75 and its two-hundred day moving average is $100.96.

MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $2.50 per share. This represents a $10.00 annualized dividend and a yield of 10.5%. The ex-dividend date is Monday, June 15th.

MicroStrategy Incorporated is a global provider of enterprise analytics and mobility software, offering solutions that enable organizations to analyze internal and external data in order to make informed business decisions. Founded in 1989 and headquartered in Tysons Corner, Virginia, the company has built a reputation for delivering scalable analytics platforms, cloud-based intelligence services and mobile applications to clients across diverse industries and geographies, including North America, Europe, Asia-Pacific and Latin America.

The 10.00% Series A Perpetual Preferred Stock, trading under the ticker STRF on the NASDAQ, represents a class of senior equity securities issued by MicroStrategy.