MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Announces Quarterly Dividend of $2.00

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) announced a quarterly dividend on Sunday, June 1st, Wall Street Journal reports. Stockholders of record on Sunday, June 15th will be paid a dividend of 2.00 per share on Monday, June 30th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 7.49%. The ex-dividend date of this dividend is Friday, June 13th.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Trading Down 0.2%

Shares of NASDAQ STRK traded down $0.17 during mid-day trading on Wednesday, reaching $106.81. The company had a trading volume of 80,051 shares, compared to its average volume of 321,762. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 52 week low of $79.25 and a 52 week high of $108.49. The stock’s 50-day moving average price is $92.91.

Insider Buying and Selling at MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

In other news, Director Leslie J. Rechan sold 15,000 shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the completion of the sale, the director now owns 4,970 shares of the company’s stock, valued at approximately $1,669,423. The trade was a 75.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Phong Le sold 3,281 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $329.26, for a total value of $1,080,302.06. Following the completion of the sale, the chief executive officer now owns 18,165 shares of the company’s stock, valued at $5,981,007.90. The trade was a 15.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,998 shares of company stock valued at $10,821,926 in the last three months.