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

Financial News Live ·  Feb 26, 2023 08:42

Star Equity Holdings, Inc. (NASDAQ:STRRP – Get Rating) declared a quarterly dividend on Tuesday, February 21st, Wall Street Journal reports. Stockholders of record on Wednesday, March 1st will be paid a dividend of 0.25 per share on Friday, March 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.36%. The ex-dividend date of this dividend is Tuesday, February 28th.

Star Equity Stock Performance

Shares of NASDAQ:STRRP opened at $8.80 on Friday. The firm's fifty day moving average is $9.07 and its 200-day moving average is $9.51. Star Equity has a 52 week low of $5.60 and a 52 week high of $10.49.

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Insider Transactions at Star Equity

In other Star Equity news, major shareholder Jeffrey E. Eberwein purchased 84,303 shares of the business's stock in a transaction dated Friday, February 17th. The shares were bought at an average price of $0.97 per share, for a total transaction of $81,773.91. Following the completion of the acquisition, the insider now owns 2,104,592 shares in the company, valued at $2,041,454.24. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have acquired 192,970 shares of company stock worth $185,967.

About Star Equity

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Star Equity Holdings, Inc provides healthcare solutions in the United States and internationally. It operates through four segments: Diagnostic Services, Diagnostic Imaging, Construction, and Investments. It offers imaging services primarily to cardiologists, internal medicine physicians, and family practice doctors; and imaging systems, including nuclear cardiac and general purpose nuclear imaging systems to physician offices and hospitals.

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