Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Declares Dividend Increase – $0.04 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Thursday, October 29th. Shareholders of record on Tuesday, November 24th will be paid a dividend of $0.04 per share on Wednesday, November 25th. The ex-dividend date is Tuesday, November 24th. 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 Price Performance

Shares of NASDAQ STRC traded down $1.12 during midday trading on Friday, hitting $98.87. The company’s stock had a trading volume of 1,476,797 shares, compared to its average volume of 2,299,215. The company’s fifty day moving average price is $98.50. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $71.25 and a 1 year high of $100.42. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of -21.97 and a beta of 3.25.

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.