Collectors Universe, Inc. (CLCT) to Issue Quarterly Dividend of $0.35
Collectors Universe, Inc. (NASDAQ:CLCT) declared a quarterly dividend on Wednesday, July 26th, Zacks reports. Investors of record on Wednesday, August 16th will be given a dividend of 0.35 per share by the business services provider on Friday, August 25th. This represents a $1.40 annualized dividend and a yield of 5.73%. The ex-dividend date of this dividend is Monday, August 14th.
Collectors Universe (NASDAQ CLCT) traded down 0.29% on Thursday, reaching $24.36. The company had a trading volume of 68,886 shares. The firm has a 50 day moving average price of $25.09 and a 200-day moving average price of $24.52. The stock has a market capitalization of $217.29 million, a price-to-earnings ratio of 22.17 and a beta of 0.97. Collectors Universe has a 12 month low of $16.54 and a 12 month high of $28.83.
Collectors Universe (NASDAQ:CLCT) last posted its earnings results on Wednesday, May 3rd. The business services provider reported $0.35 earnings per share for the quarter. The firm had revenue of $18.60 million for the quarter. Collectors Universe had a return on equity of 66.87% and a net margin of 13.72%.
In other Collectors Universe news, CEO Robert G. Deuster sold 9,364 shares of Collectors Universe stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $25.23, for a total transaction of $236,253.72. Following the transaction, the chief executive officer now directly owns 37,286 shares in the company, valued at $940,725.78. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Van D. Simmons sold 10,000 shares of Collectors Universe stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $27.18, for a total value of $271,800.00. Following the transaction, the director now owns 168,281 shares in the company, valued at $4,573,877.58. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 70,000 shares of company stock worth $1,772,200. Corporate insiders own 16.90% of the company’s stock.
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About Collectors Universe
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.
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