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

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 paid 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

NASDAQ:STRC traded up $0.40 during trading hours on Tuesday, hitting $99.02. 332,153 shares of the company’s stock traded hands, compared to its average volume of 2,331,348. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -22.00 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a twelve month low of $71.25 and a twelve month high of $100.42. The stock has a fifty day moving average price of $97.86.

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 helps organizations collect, analyze and visualize data for reporting, decision-making and operational planning. The company serves businesses and other institutions across a range of industries and geographic markets.

Strategy has also adopted a digital asset strategy centered on bitcoin. In addition to continuing its software operations, the company uses its corporate capital markets activities to acquire and hold bitcoin as a primary treasury reserve asset.