Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Shareholders to Get $0.03 Dividend

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Saturday, October 24th. Investors of record on Monday, November 30th will be paid a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Up 0.7%

STRC stock traded up $0.71 during midday trading on Friday, reaching $99.36. 1,324,754 shares of the company traded hands, compared to its average volume of 2,322,899. The stock’s 50 day simple moving average is $98.16. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 52-week low of $71.25 and a 52-week high of $100.42. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of -22.08 and a beta of 3.25.

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 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.