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

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Monday, October 19th. Shareholders of record on Monday, November 30th will be given 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 Stock Up 0.1%

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.09 during mid-day trading on Tuesday, hitting $98.71. The company’s stock had a trading volume of 1,302,776 shares, compared to its average volume of 2,337,212. The firm has a market capitalization of $2.56 billion, a PE ratio of -21.94 and a beta of 3.25. 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 firm’s fifty day simple moving average is $97.86.

Insider Activity

In other news, Director Jarrod Patten sold 2,775 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total transaction of $347,790.75. Following the sale, the director directly owned 28,406 shares of the company’s stock, valued at $3,560,123.98. The trade was a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 14,100 shares of company stock valued at $1,815,669. Insiders own 18.30% of the company’s stock.

Hedge Funds Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

A hedge fund recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC boosted its stake in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) by 198.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,530 shares of the company’s stock after buying an additional 5,009 shares during the period. Ethos Financial Group LLC’s holdings in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock were worth $753,000 at the end of the most recent reporting period. 26.02% of the stock is currently owned by hedge funds and other institutional investors.

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.

See Also

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

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