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.
TRADEMARK VIOLATION WARNING: “A-Mark Precious Metals, Inc. (AMRK) to Issue Quarterly Dividend of $0.08 on September 27th” was first reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of international copyright & trademark laws. The legal version of this piece can be accessed at https://www.themarketsdaily.com/2017/09/10/a-mark-precious-metals-inc-amrk-to-issue-quarterly-dividend-of-0-08-on-september-27th.html.
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.
Receive News & Ratings for A-Mark Precious Metals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A-Mark Precious Metals Inc. and related companies with MarketBeat.com's FREE daily email newsletter.