Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Declares Dividend of $0.04

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Wednesday, October 28th. Shareholders of record on Monday, November 9th will be paid a dividend of $0.04 per share on Tuesday, November 10th. The ex-dividend date of this dividend is Monday, November 9th. 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 Trading Up 0.4%

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.43 during trading hours on Wednesday, hitting $99.92. The stock had a trading volume of 1,356,763 shares, compared to its average volume of 2,307,026. The company has a market capitalization of $2.59 billion, a PE ratio of -22.20 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a one year low of $71.25 and a one year high of $100.42. The business has a 50 day moving average of $98.29.

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.