A-Mark Precious Metals, Inc. (AMRK) to Issue Quarterly Dividend of $0.08 on September 27th

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) announced a quarterly dividend on Thursday, September 7th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.08 per share on Wednesday, September 27th. This represents a $0.32 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, September 15th.

Shares of A-Mark Precious Metals (NASDAQ AMRK) opened at 17.86 on Friday. The firm has a 50-day moving average price of $16.54 and a 200 day moving average price of $16.85. A-Mark Precious Metals has a 52 week low of $14.75 and a 52 week high of $21.66. The stock has a market cap of $125.57 million, a price-to-earnings ratio of 18.39 and a beta of 0.11.

In related news, CEO Gregory N. Roberts sold 2,000 shares of the business’s stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $14.86, for a total transaction of $29,720.00. Following the completion of the transaction, the chief executive officer now owns 35,956 shares in the company, valued at approximately $534,306.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gregory N. Roberts sold 3,300 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $17.17, for a total value of $56,661.00. Following the transaction, the chief executive officer now owns 32,656 shares of the company’s stock, valued at approximately $560,703.52. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,900 shares of company stock worth $188,286. Corporate insiders own 43.00% of the company’s stock.

An institutional investor recently raised its position in A-Mark Precious Metals stock. Northern Trust Corp boosted its holdings in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 5.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,386 shares of the company’s stock after acquiring an additional 1,902 shares during the quarter. Northern Trust Corp owned 0.49% of A-Mark Precious Metals worth $564,000 as of its most recent SEC filing. 19.85% of the stock is owned by institutional investors and hedge funds.

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A-Mark Precious Metals Company Profile

A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.

Dividend History for A-Mark Precious Metals (NASDAQ:AMRK)

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