Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) to Issue Dividend of $0.03

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Wednesday, October 21st. Investors of record on Monday, November 30th will be given a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th. This is a 25.0% decrease 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 Price Performance

STRC stock traded down $0.33 on Thursday, hitting $98.87. 350,829 shares of the company were exchanged, compared to its average volume of 2,322,478. 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 company has a fifty day simple moving average of $98.01. The firm has a market cap of $2.56 billion, a PE ratio of -21.98 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.