ReposiTrak Inc. (NYSE:TRAK) Announces Quarterly Dividend of $0.02

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) declared a quarterly dividend on Friday, June 20th, RTT News reports. Shareholders of record on Monday, June 30th will be given a dividend of 0.0182 per share on Thursday, August 14th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.36%.

ReposiTrak has a dividend payout ratio of 18.9% meaning its dividend is sufficiently covered by earnings.

ReposiTrak Stock Performance

TRAK opened at $20.31 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03. ReposiTrak has a 52 week low of $14.23 and a 52 week high of $25.01. The company has a market capitalization of $371.27 million, a PE ratio of 59.74 and a beta of 0.54.

Insider Buying and Selling

In related news, CEO Randall K. Fields sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $22.26, for a total value of $55,650.00. Following the sale, the chief executive officer now owns 197,000 shares in the company, valued at $4,385,220. This represents a 1.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders sold a total of 30,000 shares of company stock worth $639,585 in the last three months. 44.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded ReposiTrak from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

About ReposiTrak

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.

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