Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) announced a dividend on Sunday, June 28th, NASDAQ Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.50 per share on Friday, July 31st. The ex-dividend date is Wednesday, July 15th. 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 Price Performance
NASDAQ STRC traded up $1.19 on Tuesday, hitting $84.86. 5,211,194 shares of the stock traded hands, compared to its average volume of 2,869,247. The company has a 50-day moving average price of $95.74. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a twelve month low of $71.25 and a twelve month high of $100.42. The stock has a market capitalization of $2.20 billion, a P/E ratio of -18.86 and a beta of 3.25.
Trending Headlines about Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
Here are the key news stories impacting Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock this week:
- Positive Sentiment: Strategy announced a dividend of $0.4792 per share for STRC holders of record on July 31, payable on August 15, which can support demand for the preferred stock. Dividend announcement details
- Positive Sentiment: News flow around parent company Strategy has been upbeat, with reports that the company can now sell bitcoin to buy back stock and that Strategy shares surged on active capital management comments, which may improve sentiment toward STRC. Capital management article
- Positive Sentiment: Strategy-related securities also benefited from a broader rally in bitcoin-linked stocks, reinforcing a risk-on tone for the name. Bitcoin-linked stocks article
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile
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).
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