Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Plans Dividend Increase – $0.50 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Sunday, June 28th, NASDAQ Dividends reports. Shareholders of record on Friday, July 31st will be paid a dividend of 0.50 per share on Saturday, August 15th. The ex-dividend date of this dividend is Friday, July 31st. This is a 4.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.48.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Down 0.1%

STRC opened at $88.22 on Wednesday. The company has a market cap of $2.28 billion, a price-to-earnings ratio of -19.60 and a beta of 3.25. 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 stock has a fifty day moving average of $90.46.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).