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

by · The Markets Daily

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Wednesday, October 21st. Stockholders 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. This is a 94.0% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.50.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Down 0.6%

Shares of NASDAQ STRC traded down $0.55 during trading on Thursday, hitting $98.65. The company had a trading volume of 1,377,015 shares, compared to its average volume of 2,327,789. The company has a 50 day simple moving average of $98.06. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of -21.92 and a beta of 3.25. 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.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

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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.

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