Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Increases Dividend to $0.10 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Thursday, October 29th. Investors of record on Friday, November 13th will be given a dividend of $0.10 per share on Monday, November 16th. The ex-dividend date is Friday, November 13th. This is a 150.0% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.04.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Down 1.1%

NASDAQ STRC traded down $1.12 during midday trading on Friday, hitting $98.87. 1,476,797 shares of the company traded hands, compared to its average volume of 2,299,215. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 52 week low of $71.25 and a 52 week high of $100.42. The firm has a 50-day simple moving average of $98.50. The stock has a market capitalization of $2.56 billion, a P/E 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.