Collectors Universe Declares Quarterly Cash Dividend of $0.175 per Common Share

Rhea-AI Summary

Collectors Universe (NASDAQ: CLCT) has declared a quarterly cash dividend of $0.175 per share for the first quarter of fiscal 2021. This dividend will be paid on August 28, 2020 to stockholders of record as of August 14, 2020. Collectors Universe specializes in providing authentication and grading services for high-value collectibles, including coins, trading cards, and memorabilia. The company continues to support the collectibles market with its range of services and resources.

Positive

• Quarterly cash dividend of $0.175 per share reflects strong commitment to returning value to shareholders.
• Continues to provide essential services to high-value collectibles market, indicating stable business operations.

Negative

• None.

NEWPORT BEACH, Calif., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Collectors Universe, Inc. (NASDAQ: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced that, pursuant to its previously adopted dividend policy, the Board of Directors has declared the Company's quarterly cash dividend of $0.175 per share of common stock for the first quarter of fiscal 2021.  The cash dividend will be paid on August 28, 2020 to stockholders of record on August 14, 2020. 

About Collectors Universe
Collectors Universe, Inc. is a leading provider of value-added services to the high-value collectibles markets.  The Company authenticates and grades collectible coins, trading cards, event tickets, autographs and memorabilia (“collectibles”).  The Company also compiles and publishes authoritative information about United States and world coins, collectible trading cards and sports memorabilia and operates its CCE dealer-to-dealer Internet bid-ask market for certified coins and its Expos trade show and conventions business.  This information is accessible to collectors and dealers at the Company's website, http://www.collectorsuniverse.com and is also published in print.

Contact:
Joseph Orlando
President and Chief Executive Officer,
949-567-1170
Email:  jorlando@collectors.com 

Joseph Wallace
Senior Vice President and Chief Financial Officer,
949-567-1245
Email:  jwallace@collectors.com 

FAQ

What is the dividend amount declared by Collectors Universe?

The dividend amount declared is $0.175 per share.

When will Collectors Universe pay its quarterly dividend?

The quarterly dividend will be paid on August 28, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is August 14, 2020.

How often does Collectors Universe pay dividends?

Collectors Universe pays dividends quarterly.