Insider Selling: Issuer Direct Co. (ISDR) Director Sells 4,000 Shares of Stock
Issuer Direct Co. (NYSEAMERICAN:ISDR) Director William H. Everett sold 4,000 shares of Issuer Direct stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $17.02, for a total value of $68,080.00. Following the sale, the director now directly owns 15,500 shares in the company, valued at approximately $263,810. The sale was disclosed in a document filed with the SEC, which is available at this link.
Issuer Direct Co. (ISDR) remained flat at $$16.85 during trading on Friday. The company had a trading volume of 100 shares, compared to its average volume of 11,337. Issuer Direct Co. has a 52 week low of $7.80 and a 52 week high of $17.80.
The business also recently announced a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Monday, October 23rd were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, October 20th. This represents a $0.20 annualized dividend and a dividend yield of 1.19%. Issuer Direct’s dividend payout ratio (DPR) is presently 36.36%.
Issuer Direct Corporation is a provider of disclosure management solutions and cloud-based compliance technologies. The Company reports its products and services revenues in revenue streams, such as disclosure management, shareholder communications, and platforms and technology. The Company works with a client base in the financial services industry, including brokerage firms, banks and mutual funds.
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