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

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Thursday, October 29th. Stockholders of record on Monday, November 23rd will be paid a dividend of $0.03 per share on Tuesday, November 24th. The ex-dividend date of this dividend is Monday, November 23rd. This is a 70.0% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.10.

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

Shares of NASDAQ STRC traded down $1.12 during mid-day trading on Friday, reaching $98.87. The company had a trading volume of 1,476,797 shares, 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 stock has a market cap of $2.56 billion, a PE ratio of -21.97 and a beta of 3.25. The stock has a 50 day simple moving average of $98.50.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

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.