Star Equity Holdings Declares $0.25 Quarterly Preferred Dividend
Star Equity Holdings, Inc., a diversified holding company, declared a $0.25 per share quarterly cash dividend on its 10% Series A Cumulative Perpetual Preferred Stock. The dividend was paid March 10, 2026 to shareholders of record as of March 1, 2026.
Star Equity Holdings, Inc., a diversified holding company operating across building solutions, business services, energy services, and investments, declared a quarterly cash dividend of $0.25 per share on its 10% Series A Cumulative Perpetual Preferred Stock on February 13, 2026. The dividend was paid March 10, 2026 to shareholders of record as of March 1, 2026. Read more dividend announcements.
This marks the company's second consecutive quarterly preferred dividend. In the fourth quarter of 2025, Star Equity's board declared an identical $0.25 per share dividend, which was paid December 10, 2025 to shareholders of record as of December 1, 2025.
| Dividend Details | Information |
|---|---|
| Amount | $0.25 per share |
| Security | 10% Series A Cumulative Perpetual Preferred Stock |
| Record Date | March 1, 2026 |
| Payment Date | March 10, 2026 |
| Declaration Date | February 13, 2026 |
Share Repurchase Activity
Star Equity repurchased 5,964 shares for approximately $66,000 in the fourth quarter of 2025. For the full year 2025, the company repurchased 280,886 shares for approximately $2.6 million and has repurchased about $10 million of common stock since 2020.
As of year-end 2025, the company has $2.5 million remaining under its $3 million repurchase program authorized in September 2025. The company continues to view share repurchases as an attractive use of capital.
Operating Performance
Star Equity used $3.6 million in cash flow from operations in the fourth quarter of 2025 compared to $2.0 million generated in the fourth quarter of 2024. For full year 2025, the company used $7.3 million in cash flow from operations compared to $2.8 million in cash flow from operations in 2024.
Year-end 2025 working capital excluding cash was $22.4 million, representing a temporary build-up that is expected to decline in the first quarter of 2026.
Tax Asset Position
As of December 31, 2025, Star Equity had $215 million of usable net operating losses in the United States. To protect the value of these NOLs for all stockholders, the company has a rights agreement and charter amendment in place that limit beneficial ownership of Star Equity common stock to 4.99%.
Stockholders who wish to own more than 4.99% of Star Equity common stock, or who already own more than 4.99% and wish to buy more, may only acquire additional shares with the board's prior written approval.