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

ReposiTrak Inc. (NYSE:TRAK) declared a quarterly dividend on Friday, September 18th. Shareholders of record on Wednesday, September 30th will be given a dividend of 0.02 per share on Friday, November 13th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 30th.

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

ReposiTrak Trading Down 2.5%

Shares of NYSE:TRAK opened at $8.28 on Friday. ReposiTrak has a 12 month low of $6.94 and a 12 month high of $18.05. The company has a market capitalization of $150.45 million, a price-to-earnings ratio of 22.38 and a beta of 0.83. The firm’s 50-day moving average is $8.33 and its 200 day moving average is $8.69.

Institutional Investors Weigh In On ReposiTrak

Hedge funds have recently modified their holdings of the business. Ashford Capital Management Inc. increased its holdings in ReposiTrak by 49.2% during the first quarter. Ashford Capital Management Inc. now owns 1,014,028 shares of the company’s stock valued at $7,707,000 after buying an additional 334,447 shares during the period. Rice Hall James & Associates LLC boosted its position in ReposiTrak by 6.4% during the 4th quarter. Rice Hall James & Associates LLC now owns 793,858 shares of the company’s stock valued at $9,820,000 after acquiring an additional 47,914 shares in the last quarter. Renaissance Technologies LLC boosted its position in ReposiTrak by 29.6% during the 1st quarter. Renaissance Technologies LLC now owns 243,963 shares of the company’s stock valued at $1,854,000 after acquiring an additional 55,700 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of ReposiTrak in the 2nd quarter valued at $1,262,000. Finally, Lunt Capital Management Inc. raised its position in shares of ReposiTrak by 15.7% in the 2nd quarter. Lunt Capital Management Inc. now owns 67,464 shares of the company’s stock worth $607,000 after acquiring an additional 9,172 shares in the last quarter. Hedge funds and other institutional investors own 27.35% of the company’s stock.

About ReposiTrak

ReposiTrak, Inc develops and operates a cloud-based supply chain management platform designed to improve product traceability, compliance and information exchange. Its technology connects retailers, wholesalers, distributors, manufacturers and suppliers, helping trading partners share standardized product, supplier and transaction data across complex supply chains.

The company’s offerings include the ReposiTrak Traceability Network and related compliance and supply chain applications. These tools support supplier onboarding, product and facility information management, food safety documentation, regulatory compliance, recall readiness and electronic tracking of products through the supply chain.