A-Mark Precious Metals Announces Quarterly Cash Dividend
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, has announced a quarterly cash dividend of $0.20 per share. This decision maintains the company's current dividend program. The dividend will be payable on October 22, 2024, to stockholders of record as of October 8, 2024. This announcement demonstrates A-Mark's commitment to providing regular returns to its shareholders, reflecting the company's financial stability and confidence in its business model.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), una piattaforma leader nei metalli preziosi integrata completamente, ha annunciato un dividendo in contante trimestrale di $0,20 per azione. Questa decisione mantiene il programma attuale dei dividendi della società. Il dividendo sarà pagabile il 22 ottobre 2024, agli azionisti registrati al 8 ottobre 2024. Questo annuncio dimostra l'impegno di A-Mark nel fornire ritorni regolari ai propri azionisti, riflettendo la stabilità finanziaria dell'azienda e la fiducia nel suo modello di business.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), una plataforma líder totalmente integrada de metales preciosos, ha anunciado un dividendo en efectivo trimestral de $0.20 por acción. Esta decisión mantiene el programa actual de dividendos de la compañía. El dividendo será pagadero el 22 de octubre de 2024, a los accionistas registrados a partir del 8 de octubre de 2024. Este anuncio demuestra el compromiso de A-Mark de proporcionar retornos regulares a sus accionistas, reflejando la estabilidad financiera de la empresa y la confianza en su modelo de negocio.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK)는 완전 통합된 귀금속 플랫폼의 선두주자로서 주당 $0.20의 현금 배당금을 분기별로 발표했습니다. 이 결정은 회사의 현재 배당 프로그램을 유지하는 것입니다. 배당금은 2024년 10월 22일에 지급될 예정이며, 2024년 10월 8일 기준 주주에게 지급됩니다. 이 발표는 A-Mark가 주주에게 정기적인 수익을 제공하겠다는 의지를 보여주며, 회사의 재정적 안정성과 비즈니스 모델에 대한 신뢰를 반영합니다.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), une plateforme leader entièrement intégrée de métaux précieux, a annoncé un dividende en espèces trimestriel de 0,20 $ par action. Cette décision maintient le programme de dividende actuel de l’entreprise. Le dividende sera payable le 22 octobre 2024, aux actionnaires inscrits au 8 octobre 2024. Cette annonce démontre l'engagement d'A-Mark à fournir des rendements réguliers à ses actionnaires, reflétant la stabilité financière de l'entreprise et la confiance dans son modèle commercial.
A-Mark Precious Metals, Inc. (NASDAQ: AMRK), eine führende vollständig integrierte Plattform für Edelmetalle, hat eine vierteljährliche Bardividende von 0,20 $ pro Aktie angekündigt. Diese Entscheidung hält das derzeitige Dividendenprogramm des Unternehmens aufrecht. Die Dividende wird am 22. Oktober 2024 an die Aktionäre, die am 8. Oktober 2024 im Handelsregister stehen, ausgezahlt. Diese Ankündigung zeigt das Engagement von A-Mark, seinen Aktionären regelmäßige Erträge zu bieten, was die finanzielle Stabilität des Unternehmens und das Vertrauen in sein Geschäftsmodell widerspiegelt.
- Maintaining quarterly dividend of $0.20 per share
- Consistent dividend program indicates financial stability
- Provides regular income for shareholders
- None.
EL SEGUNDO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of
About A-Mark Precious Metals
Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a portfolio of channels. The company conducts its operations through three complementary segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The company’s global customer base spans sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, e-commerce customers, and other retail customers.
A-Mark’s Wholesale Sales & Ancillary Services segment distributes and purchases precious metal products from sovereign and private mints. As a U.S. Mint-authorized purchaser of gold, silver, and platinum coins since 1986, A-Mark purchases bullion products directly from the U.S. Mint for sale to customers. A-Mark also has longstanding distributorships with other sovereign mints, including Australia, Austria, Canada, China, Mexico, South Africa, and the United Kingdom. The company sells more than 200 different products to e-commerce retailers, coin and bullion dealers, financial institutions, brokerages, and collectors. In addition, A-Mark sells precious metal products to industrial users, including metal refiners, manufacturers, and electronic fabricators.
Located in the heart of Hong Kong’s Central Financial District, A-Mark’s consolidated subsidiary, LPM Group Limited (LPM), is one of Asia’s largest precious metals dealers. LPM offers a wide selection of products to its wholesale customers, through its showroom and 24/7 online trading platform, including recently released silver coins, gold bullion, certified coins, and the latest collectible numismatic issues.
Through its A-M Global Logistics subsidiary, A-Mark provides its customers with a range of complementary services, including managed storage options for precious metals as well as receiving, handling, inventorying, processing, packaging, and shipping of precious metals and coins on a secure basis. A-Mark’s mint operations, which are conducted through its wholly owned subsidiary Silver Towne Mint, enable the company to offer customers a wide range of proprietary coin and bar offerings and, during periods of market volatility when the availability of silver bullion from sovereign mints is often product constrained, preferred product access.
A-Mark’s Direct-to-Consumer segment operates as an omni-channel retailer of precious metals, providing access to a multitude of products through its wholly owned subsidiaries, JM Bullion and Goldline. JMB owns and operates numerous websites targeting specific niches within the precious metals retail market, including JMBullion.com, ProvidentMetals.com, Silver.com, CyberMetals.com, GoldPrice.org, SilverPrice.org, BGASC.com, BullionMax.com, and Gold.com. Goldline markets precious metals directly to the investor community through various channels, including television, radio, and telephonic sales efforts. A-Mark is the majority owner of Silver Gold Bull, a leading online precious metals retailer in Canada, and also holds minority ownership interests in three additional direct-to-consumer brands.
The company operates its Secured Lending segment through its wholly owned subsidiary, Collateral Finance Corporation (CFC). Founded in 2005, CFC is a California licensed finance lender that originates and acquires loans secured by bullion and numismatic coins. Its customers include coin and precious metal dealers, investors, and collectors.
A-Mark is headquartered in El Segundo, CA and has additional offices and facilities in the neighboring Los Angeles area as well as in Dallas, TX, Las Vegas, NV, Winchester, IN, Vienna, Austria, and Hong Kong. For more information, visit www.amark.com.
A-Mark periodically provides information for investors on its corporate website, www.amark.com, and its investor relations website, ir.amark.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and investor presentations.
Important Cautions Regarding Forward-Looking Statements
Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These include statements regarding expectations with respect to future profitability and growth, the dividend declaration, the amount or timing of any future dividends, future macroeconomic conditions and demand for precious metal products, and the Company’s ability to effectively respond to changing economic conditions. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results or circumstances to differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ include the following: the failure to execute the Company’s growth strategy, including the inability to identify suitable or available acquisition or investment opportunities; greater than anticipated costs incurred to execute this strategy; government regulations that might impede growth, particularly in Asia; the inability to successfully integrate recently acquired businesses; changes in the current international political climate, which historically has favorably contributed to demand and volatility in the precious metals markets but also has posed certain risks and uncertainties for the Company, particularly in recent periods; potential adverse effects of the current problems in the national and global supply chains; increased competition for the Company’s higher margin services, which could depress pricing; the failure of the Company’s business model to respond to changes in the market environment as anticipated; changes in consumer demand and preferences for precious metal products generally; potential negative effects that inflationary pressure may have on our business; the inability of the Company to expand capacity at Silver Towne Mint; the failure of our investee companies to maintain, or address the preferences of, their customer bases; general risks of doing business in the commodity markets; and the strategic, business, economic, financial, political and governmental risks and other Risk Factors described in in the Company’s public filings with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
Company Contact:
Steve Reiner, Executive Vice President, Capital Markets & Investor Relations
A-Mark Precious Metals, Inc.
1-310-587-1410
sreiner@amark.com
Investor Relations Contact:
Matt Glover or Greg Bradbury
Gateway Group, Inc.
1-949-574-3860
AMRK@gatewayir.com
FAQ
What is the amount of A-Mark Precious Metals' (AMRK) quarterly dividend?
When will A-Mark Precious Metals (AMRK) pay its next dividend?
What is the record date for A-Mark Precious Metals' (AMRK) upcoming dividend?
Has A-Mark Precious Metals (AMRK) changed its dividend policy?
