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

Key Points

• STRC declared a $0.03-per-share dividend, payable December 1 to shareholders of record November 30. The ex-dividend date is also November 30.
• The dividend represents a 25% decrease from the previous $0.04-per-share payout.
• Shares fell 0.3% to $98.88, while the stock has traded between $71.25 and $100.42 over the past year.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) declared a dividend on Wednesday, October 21st. Investors of record on Monday, November 30th will be given a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th. This is a 25.0% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock's previous dividend of $0.04.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Down 0.3%

NASDAQ STRC traded down $0.32 on Thursday, reaching $98.88. The company had a trading volume of 421,652 shares, compared to its average volume of 2,322,703. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of -21.98 and a beta of 3.25. 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 firm's 50-day moving average is $98.01.

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.

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