MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRF) Trading Up 0.3% – Should You Buy?

Shares of MicroStrategy Incorporated – 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ:STRFGet Free Report) were up 0.3% during trading on Tuesday . The stock traded as high as $100.17 and last traded at $100.10. Approximately 63,087 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 166,252 shares. The stock had previously closed at $99.78.

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

The firm’s fifty day moving average price is $99.00 and its 200 day moving average price is $101.85.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th were issued a $2.50 dividend. This represents a $10.00 annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend was Friday, March 13th.

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.

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