Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Plans Dividend Increase - $0.04 Per Share

Key Points

• STRC announced a dividend increase to $0.04 per share, up 33.3% from $0.03. Shareholders of record on November 30 will be paid on December 1, with November 30 listed as the ex-dividend date.
• Shares rose $0.40 to $99.02 during Tuesday trading. STRC has a 52-week range of $71.25 to $100.42, a market capitalization of approximately $2.56 billion, and a beta of 3.25.
• Strategy operates an enterprise analytics software business and has also adopted a bitcoin-focused digital asset strategy, using bitcoin as a primary treasury reserve asset.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) declared a dividend on Monday, October 19th. Investors of record on Monday, November 30th will be paid a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th. This is a 33.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock's previous dividend of $0.03.

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

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.40 during mid-day trading on Tuesday, reaching $99.02. The company had a trading volume of 143,533 shares, compared to its average volume of 2,331,276. The company has a fifty day moving average of $97.86. The firm has a market cap of $2.56 billion, a P/E ratio of -22.00 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a fifty-two week low of $71.25 and a fifty-two week high of $100.42.

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 helps organizations collect, analyze and visualize data for reporting, decision-making and operational planning. The company serves businesses and other institutions across a range of industries and geographic markets.

Strategy has also adopted a digital asset strategy centered on bitcoin. In addition to continuing its software operations, the company uses its corporate capital markets activities to acquire and hold bitcoin as a primary treasury reserve asset.

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