A-Mark Precious Metals, Inc. Plans Quarterly Dividend of $0.08 (AMRK)
A-Mark Precious Metals, Inc. (NASDAQ:AMRK) declared a quarterly dividend on Thursday, September 7th, Wall Street Journal reports. Stockholders 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 dividend yield of 1.79%. The ex-dividend date is Friday, September 15th.
Shares of A-Mark Precious Metals (NASDAQ:AMRK) traded down 0.28% during midday trading on Thursday, reaching $17.90. The company’s stock had a trading volume of 38,575 shares. The firm has a 50-day moving average of $16.37 and a 200-day moving average of $16.83. A-Mark Precious Metals has a one year low of $14.75 and a one year high of $21.66. The stock has a market cap of $125.85 million, a PE ratio of 18.43 and a beta of 0.11.
In related news, CEO Gregory N. Roberts sold 3,300 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $17.17, for a total value of $56,661.00. Following the completion of the transaction, the chief executive officer now owns 32,656 shares in the company, valued at approximately $560,703.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory N. Roberts sold 2,000 shares of the firm’s stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $14.86, for a total value of $29,720.00. Following the completion of the transaction, the chief executive officer now owns 35,956 shares of the company’s stock, valued at approximately $534,306.16. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,900 shares of company stock valued at $188,286. Company insiders own 43.00% of the company’s stock.
A hedge fund recently raised its stake in A-Mark Precious Metals stock. Northern Trust Corp increased its holdings in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 5.9% during the second quarter, according to its most recent 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 period. Northern Trust Corp owned approximately 0.49% of A-Mark Precious Metals worth $564,000 as of its most recent SEC filing. 19.85% of the stock is currently owned by hedge funds and other institutional investors.
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.
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