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

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) announced a quarterly dividend on Friday, June 20th, RTT News reports. Stockholders of record on Monday, June 30th will be paid a dividend of 0.0182 per share on Thursday, August 14th. This represents a $0.07 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, June 30th.

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

ReposiTrak Stock Down 0.3%

TRAK stock traded down $0.06 during midday trading on Monday, hitting $20.23. The stock had a trading volume of 84,979 shares, compared to its average volume of 35,663. The stock has a market cap of $369.80 million, a P/E ratio of 59.50 and a beta of 0.55. ReposiTrak has a 52 week low of $14.23 and a 52 week high of $25.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, CEO Randall K. Fields sold 1,500 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $21.74, for a total transaction of $32,610.00. Following the completion of the transaction, the chief executive officer now directly owns 183,000 shares in the company, valued at approximately $3,978,420. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 30,000 shares of company stock worth $639,585 over the last three months. 44.00% of the stock is currently owned by company insiders.

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.