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

ReposiTrak Inc. (NYSE:TRAK) declared a quarterly dividend on Friday, June 20th, RTT News reports. Stockholders of record on Monday, June 30th will be given 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%.

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

ReposiTrak Stock Performance

Shares of ReposiTrak stock opened at $20.31 on Friday. ReposiTrak has a twelve month low of $14.23 and a twelve month high of $25.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.03 and a current ratio of 6.03. The company has a market cap of $371.27 million, a P/E ratio of 59.74 and a beta of 0.54.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of ReposiTrak from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd.

Insider Activity at ReposiTrak

In related news, CEO Randall K. Fields sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $22.31, for a total value of $111,550.00. Following the transaction, the chief executive officer now owns 192,000 shares of the company’s stock, valued at approximately $4,283,520. This trade represents a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 30,000 shares of company stock worth $639,585. 44.00% of the stock is owned by insiders.

ReposiTrak Company Profile

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.