Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Increases Dividend to $0.06 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) announced a dividend on Thursday, October 29th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.06 per share on Thursday, November 12th. The ex-dividend date is Tuesday, November 10th. This is a 50.0% 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 Price Performance

Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded down $1.31 on Friday, reaching $98.68. The company’s stock had a trading volume of 1,613,812 shares, compared to its average volume of 2,300,102. 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 market capitalization of $2.56 billion, a P/E ratio of -21.95 and a beta of 3.25. The business has a 50-day simple moving average of $98.50.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

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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.

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Dividend History for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC)

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