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) declared a dividend on Thursday, October 29th. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.03 per share on Wednesday, November 18th. The ex-dividend date of this dividend is Tuesday, November 17th.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Price Performance

Shares of STRC traded down $1.12 during trading hours on Friday, reaching $98.87. 1,476,797 shares of the company’s stock traded hands, compared to its average volume of 2,299,215. The stock has a fifty day simple moving average of $98.50. The company has a market cap of $2.56 billion, a price-to-earnings ratio of -21.97 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.

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.