Collectors Universe, Inc. Plans Quarterly Dividend of $0.18 (CLCT)

Collectors Universe, Inc. (NASDAQ:CLCT) declared a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Investors of record on Tuesday, February 13th will be paid a dividend of 0.175 per share by the business services provider on Friday, February 23rd. This represents a $0.70 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Monday, February 12th.

Shares of Collectors Universe (NASDAQ:CLCT) traded down $9.37 during trading hours on Thursday, reaching $17.17. 757,278 shares of the company traded hands, compared to its average volume of 53,447. The stock has a market capitalization of $229.27, a PE ratio of 14.52 and a beta of 0.72. Collectors Universe has a 12 month low of $15.51 and a 12 month high of $30.82. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.06.

In other Collectors Universe news, President David G. Hall sold 6,500 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $26.42, for a total value of $171,730.00. Following the completion of the transaction, the president now owns 423,499 shares of the company’s stock, valued at approximately $11,188,843.58. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, President David G. Hall sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $26.07, for a total transaction of $521,400.00. Following the completion of the transaction, the president now directly owns 423,499 shares of the company’s stock, valued at approximately $11,040,618.93. The disclosure for this sale can be found here. 14.00% of the stock is currently owned by insiders.

A hedge fund recently raised its stake in Collectors Universe stock. The Manufacturers Life Insurance Company lifted its holdings in Collectors Universe, Inc. (NASDAQ:CLCT) by 15.9% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,011 shares of the business services provider’s stock after acquiring an additional 960 shares during the quarter. The Manufacturers Life Insurance Company owned 0.08% of Collectors Universe worth $174,000 at the end of the most recent quarter. 45.68% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub cut shares of Collectors Universe from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 4th.

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Collectors Universe Company Profile

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.

Dividend History for Collectors Universe (NASDAQ:CLCT)

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