Star Equity (NASDAQ:STRRP) Trading 4.3% Higher – Here’s What Happened

Star Equity Holdings, Inc. (NASDAQ:STRRP)’s share price traded up 4.3% during mid-day trading on Monday . The stock traded as high as $10.12 and last traded at $10.2950. 106 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,355 shares. The stock had previously closed at $9.87.

Star Equity Stock Performance

The stock’s 50 day moving average is $9.86 and its two-hundred day moving average is $9.68.

Star Equity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Sunday, March 1st were given a dividend of $0.25 per share. The ex-dividend date was Friday, February 27th. This represents a $1.00 dividend on an annualized basis and a yield of 9.7%.

Star Equity Company Profile

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. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc in December 2020.