AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) (“Stratus” or the “Company”) today announced that, in connection with the Company's plan of complete liquidation and dissolution (the “Plan of Liquidation”), its Board of Directors (the “Board”) has declared an initial liquidating distribution, in the form of a special cash dividend, of $5.00 per share on Stratus' common stock, payable on July 20, 2026 to stockholders of record as of July 13, 2026. The Board also has unanimo.

