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) announced a dividend on Thursday, October 29th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.04 per share on Friday, November 13th. The ex-dividend date is Thursday, November 12th. This is a 33.3% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.06.

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

Shares of NASDAQ:STRC traded down $1.31 during trading on Friday, reaching $98.68. 1,613,812 shares of the stock were exchanged, compared to its average volume of 2,300,102. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1-year low of $71.25 and a 1-year high of $100.42. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of -21.95 and a beta of 3.25. The stock has a fifty day moving average price of $98.50.

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

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.