Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Increases Dividend to $0.96 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a monthly dividend on Friday, May 8th. Investors of record on Friday, May 15th will be given a dividend of 0.9583 per share on Sunday, May 31st. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Friday, May 15th. This is a 0.0% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous monthly dividend of $0.96.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Performance

Shares of STRC traded up $0.03 on Friday, hitting $99.99. 2,160,737 shares of the stock traded hands, compared to its average volume of 2,230,388. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -22.22 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $90.52 and a 1 year high of $100.42.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).