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. Stockholders 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 Stock Up 0.1%

Shares of NASDAQ:STRC traded up $0.09 during trading on Tuesday, hitting $98.71. The stock had a trading volume of 1,307,570 shares, compared to its average volume of 2,337,248. 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 firm has a market capitalization of $2.56 billion, a PE ratio of -21.94 and a beta of 3.25. The business’s 50-day moving average price is $97.86.

Insider Buying and Selling

In related news, Director Jarrod Patten sold 1,350 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $156.16, for a total value of $210,816.00. Following the transaction, the director owned 28,406 shares in the company, valued at approximately $4,435,880.96. This represents a 4.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 14,100 shares of company stock valued at $1,815,669 in the last 90 days. 18.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On 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. acquired a new position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,525 shares of the company’s stock, valued at approximately $214,000. 26.02% of the stock is 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)

Receive News & Ratings for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock and related companies with MarketBeat.com's FREE daily email newsletter.