Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) announced a dividend on Monday, October 19th. Shareholders of record on Monday, November 30th will be paid 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 Price Performance
Shares of NASDAQ:STRC traded up $0.40 on Tuesday, reaching $99.02. 143,533 shares of the company’s stock were exchanged, compared to its average volume of 2,331,276. The company has a market cap of $2.56 billion, a price-to-earnings ratio of -22.00 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a fifty-two week low of $71.25 and a fifty-two week high of $100.42. The business has a 50-day simple moving average of $97.86.
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 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.
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