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

ReposiTrak Inc. (NYSE:TRAK) declared a quarterly dividend on Thursday, June 18th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.02 per share on Friday, August 14th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th.

ReposiTrak has a payout ratio of 21.6% indicating that its dividend is sufficiently covered by earnings.

ReposiTrak Stock Down 0.2%

TRAK traded down $0.02 during trading on Thursday, hitting $9.22. The company’s stock had a trading volume of 76,877 shares, compared to its average volume of 124,004. The firm has a market capitalization of $167.53 million, a P/E ratio of 24.92 and a beta of 0.79. ReposiTrak has a twelve month low of $6.94 and a twelve month high of $20.77. The stock’s fifty day moving average price is $9.24 and its 200-day moving average price is $10.06.

ReposiTrak (NYSE:TRAK) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.10 EPS for the quarter. The company had revenue of $5.88 million during the quarter. ReposiTrak had a net margin of 30.75% and a return on equity of 14.44%.

ReposiTrak Company Profile

ReposiTrak, trading on the New York Stock Exchange under the symbol TRAK, is a provider of cloud-based supply chain compliance and transparency solutions. The company’s platform enables retailers, suppliers and manufacturers to manage, share and validate product data throughout the supply chain. Through its Software-as-a-Service (SaaS) offering, ReposiTrak helps organizations ensure adherence to regulatory requirements, industry standards and retailer-specific guidelines for food safety, sustainability, labeling and quality assurance.

At the core of ReposiTrak’s offerings is its DataHub, a centralized repository that captures critical information such as product specifications, certifications, catch-weight data, temperature logs and recall notifications.