Star Equity (NASDAQ:STRRP) Shares Down 0.6% – Here’s What Happened

Star Equity Holdings, Inc. (NASDAQ:STRRP) dropped 0.6% during trading on Friday . The stock traded as low as $10.12 and last traded at $10.06. Approximately 309 shares were traded during trading, a decline of 90% from the average daily volume of 3,102 shares. The stock had previously closed at $10.12.

Star Equity Stock Performance

The stock’s 50-day moving average is $9.72 and its 200 day moving average is $9.62.

Star Equity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Sunday, March 1st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.9%.

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