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

ReposiTrak Inc. (NYSE:TRAK) declared a quarterly dividend on Friday, September 18th. Stockholders 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 dividend yield of 1.0%. The ex-dividend date is Wednesday, September 30th.

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

ReposiTrak Stock Performance

Shares of TRAK stock traded down $0.21 during mid-day trading on Friday, reaching $8.28. 133,259 shares of the company were exchanged, compared to its average volume of 106,996. The business’s 50 day simple moving average is $8.35 and its 200 day simple moving average is $8.69. The company has a market capitalization of $150.45 million, a P/E ratio of 22.38 and a beta of 0.83. ReposiTrak has a fifty-two week low of $6.94 and a fifty-two week high of $18.05.

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.