Star Equity Holdings, Inc. (NASDAQ:STRRP) to Issue $0.25 Quarterly Dividend

Star Equity Holdings, Inc. (NASDAQ:STRRP) declared a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Shareholders of record on Saturday, March 1st will be given a dividend of 0.25 per share on Monday, March 10th. This represents a $1.00 annualized dividend and a yield of 10.84%. The ex-dividend date of this dividend is Friday, February 28th.

Star Equity has raised its dividend payment by an average of 10.1% annually over the last three years.

Star Equity Stock Up 0.2 %

NASDAQ:STRRP traded up $0.02 during trading hours on Tuesday, hitting $9.23. 3,442 shares of the stock were exchanged, compared to its average volume of 5,236. The company’s 50 day moving average is $9.13 and its two-hundred day moving average is $9.39. Star Equity has a twelve month low of $8.73 and a twelve month high of $12.00.

About Star Equity

Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments.