Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Announces Dividend of $0.03

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Wednesday, October 21st. Shareholders of record on Monday, November 30th will be given a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th. This is a 25.0% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.04.

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

NASDAQ STRC traded down $0.32 on Thursday, hitting $98.89. The stock had a trading volume of 194,923 shares, compared to its average volume of 2,321,581. 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 stock has a market cap of $2.56 billion, a PE ratio of -21.98 and a beta of 3.25. The firm’s 50-day simple moving average is $98.01.

Insider Activity

In related news, Director Jarrod Patten sold 2,775 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total value of $347,790.75. Following the completion of the transaction, the director directly owned 28,406 shares of the company’s stock, valued at $3,560,123.98. This represents a 8.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 14,100 shares of company stock worth $1,815,669 in the last three months. Insiders own 18.30% of the company’s stock.

Institutional Trading of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

A hedge fund recently bought a new stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. bought a new stake in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,525 shares of the company’s stock, valued at approximately $214,000. Institutional investors own 26.02% of the company’s stock.

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

(Get Free Report)

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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Dividend History for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC)

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