Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Plans Dividend of $0.03

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 mid-day 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 moving average price of $98.06. The company has a market cap of $2.56 billion, a P/E ratio of -21.92 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a one year low of $71.25 and a one year high of $100.42.

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