STRC: Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock 9% Series A Preferred Stock
Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock's STRC is an exchange-traded preferred stock in the Industrial Instruments For Measurement, Display, and Control sector.
At a recent price of $89.46, STRC yields 12.85% on its $100 liquidation preference and 9% coupon.
It trades at a discount of 10.5% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-07-29.
Distributions are paid monthly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.