Star Equity Holdings Declares Cash Dividend of $0.25 Per Share
Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) announced that its Board of Directors declared a cash dividend of $0.25 per share to holders of the 10% Series A Cumulative Perpetual Preferred Stock. This continued dividend payout reflects the company’s dedication to delivering value to its shareholders.
About Star Equity Holdings, Inc.
Star Equity Holdings, Inc. operates as a diversified holding company with two main divisions: Building Solutions and Investments. The company is committed to leveraging its diversified portfolio to drive growth and develop innovative solutions.
Building Solutions
The Building Solutions division encompasses three key areas: modular building manufacturing, structural wall panel and wood foundation manufacturing, along with building supply distribution operations, and glue-laminated timber manufacturing which includes columns, beams, and trusses.
Investments
The Investments division focuses on managing and financing the company’s real estate assets, as well as its investment positions in both private and public companies, helping to enhance the company's overall value.
Shareholder Information
Star Equity's recent declaration emphasizes its ongoing commitment to paying dividends to preferred stockholders. This consistent approach is part of the company’s broader strategy to maintain and enhance shareholder confidence.
Corporate Contact Information
For more information, please contact:
Star Equity Holdings, Inc.
Richard K. Coleman Jr.
Chief Executive Officer
203-489-9501
admin@starequity.com
The Equity Group
Lena Cati
Senior Vice President
212-836-9611
lcati@equityny.com
Frequently Asked Questions
What is the amount of the declared dividend by Star Equity?
The Board of Directors declared a cash dividend of $0.25 per share.
What type of stock is eligible for the dividend?
The dividend applies to the 10% Series A Cumulative Perpetual Preferred Stock.
What does Star Equity Holdings do?
Star Equity is a diversified holding company with operations in Building Solutions and Investments.
How does the Building Solutions division operate?
This division includes modular building manufacturing, structural wall panel manufacturing, and glulam products.
Who can be contacted for more information about the company?
For inquiries, Richard K. Coleman Jr. (CEO) and Lena Cati (Senior VP) can be contacted via email or phone.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/