Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Raises Dividend to $0.04 Per Share

by · The Cerbat Gem

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Tuesday, October 20th. Investors of record on Monday, November 30th will be paid a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th. This is a 33.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.03.

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

STRC traded up $0.35 during trading on Wednesday, hitting $99.06. 282,531 shares of the stock traded hands, compared to its average volume of 2,326,030. 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 firm has a market cap of $2.57 billion, a P/E ratio of -22.01 and a beta of 3.25. The business’s 50 day moving average is $97.93.

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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