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

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Monday, October 19th. Investors of record on Monday, November 30th will be given a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date 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 Up 0.4%

Shares of STRC stock traded up $0.42 during trading hours on Tuesday, reaching $99.04. The stock had a trading volume of 394,975 shares, compared to its average volume of 2,332,025. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12 month low of $71.25 and a 12 month high of $100.42. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -22.01 and a beta of 3.25. The stock has a fifty day simple moving average of $97.86.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile

Strategy Inc, formerly known as MicroStrategy Incorporated, develops enterprise analytics and business intelligence software. Its platform helps organizations collect, analyze and visualize data for reporting, decision-making and operational planning. The company serves businesses and other institutions across a range of industries and geographic markets.

Strategy has also adopted a digital asset strategy centered on bitcoin. In addition to continuing its software operations, the company uses its corporate capital markets activities to acquire and hold bitcoin as a primary treasury reserve asset.