IDT Corporation (IDT) To Go Ex-Dividend on October 5th

IDT Corporation (NYSE:IDT) declared a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Monday, October 5th will be paid a dividend of $0.07 per share by the utilities provider on Wednesday, October 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, October 5th.

IDT has a dividend payout ratio of 8.2% meaning its dividend is sufficiently covered by earnings.

IDT Stock Performance

Shares of IDT opened at $78.83 on Friday. IDT has a 52-week low of $45.72 and a 52-week high of $81.79. The business’s 50 day moving average price is $68.70 and its two-hundred day moving average price is $59.11. The firm has a market cap of $1.96 billion, a PE ratio of 22.72 and a beta of 0.60.

IDT (NYSE:IDT) last issued its earnings results on Monday, September 28th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.04). The company had revenue of $338.98 million for the quarter, compared to the consensus estimate of $319.00 million. IDT had a return on equity of 24.22% and a net margin of 6.67%.

IDT Company Profile

IDT Corporation (NYSE: IDT) is a telecommunications and fintech company founded in 1990 by Howard Jonas. The company began as an international long-distance provider and has expanded into consumer communications, payment services and technology solutions for businesses and independent retailers.

Through its BOSS Revolution brand, IDT offers international calling, prepaid wireless services, mobile airtime and data top-ups, and international money-transfer services. Its communications operations also provide wholesale voice services and related connectivity solutions to carriers and other communications providers in markets worldwide.

IDT’s National Retail Solutions business provides independent retailers with point-of-sale technology, payment processing, business services and related tools.