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

kopsource ·  Feb 27, 2023 08:43

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 given a dividend of 0.25 per share on Friday, March 10th. This represents a $1.00 annualized dividend and a dividend yield of 11.36%. The ex-dividend date is Tuesday, February 28th.

Star Equity Price Performance

Shares of NASDAQ:STRRP opened at $8.80 on Monday. The business's 50 day simple moving average is $9.07 and its 200 day simple moving average is $9.51. Star Equity has a 1 year low of $5.60 and a 1 year high of $10.49.

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Insiders Place Their Bets

In related news, major shareholder Jeffrey E. Eberwein acquired 84,303 shares of the stock in a transaction on Friday, February 17th. The shares were purchased at an average price of $0.97 per share, for a total transaction of $81,773.91. Following the purchase, the insider now directly owns 2,104,592 shares in the company, valued at $2,041,454.24. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have purchased a total of 182,970 shares of company stock worth $176,667 in the last 90 days.

Star Equity Company Profile

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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.

Further Reading

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