Park City Group Declares Quarterly Cash Dividend

Rhea-AI Summary

Park City Group (NASDAQ: PCYG) has declared a quarterly cash dividend of $0.015 per share, amounting to $0.06 annually. This dividend is payable to shareholders of record on March 31, 2023, with payments expected to be made on or about May 1, 2023. The company, which operates ReposiTrak, Inc., focuses on e-commerce, compliance, and supply chain solutions for grocery retailers, wholesalers, and suppliers, aiming to enhance sales and supply chain efficiency.

Positive

• Quarterly cash dividend of $0.015 per share announced, reflecting company confidence.
• Consistent annual dividend yield of $0.06 per share enhances shareholder income.

Negative

• None.

SALT LAKE CITY--(BUSINESS WIRE)-- Park City Group, Inc. (NASDAQ: PCYG), the parent company of ReposiTrak, Inc., which operates a B2B ecommerce, compliance, and supply chain platform that largely partners with grocery retailers, wholesalers, and their suppliers, to accelerate sales, control risk, improve supply chain efficiencies, and source hard-to-find items, announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.015 per share ($0.06 per year), payable to shareholders of record on March 31, 2023. The cash dividends will be paid to shareholders of record on or about May 1, 2023.

About Park City Group:

Park City Group, Inc. (NASDAQ:PCYG), the parent company of ReposiTrak, Inc., a compliance, supply chain, and e-commerce platform that enables retailers, wholesalers, and their suppliers, to accelerate sales, control risk, and improve supply chain efficiencies. More information is available at www.parkcitygroup.com and www.repositrak.com.

Specific disclosure relating to Park City Group, including management's analysis of results from operations and financial condition, are contained in the Company's annual report on Form 10-K for the fiscal year ended June 30, 2022 and other reports filed with the Securities and Exchange Commission. Investors are encouraged to read and consider such disclosure and analysis contained in the Company's Form 10-K and other reports, including the risk factors contained in the Form 10-K.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230321005757/en/

Investor Relations:

John Merrill, CFO

investor-relations@parkcitygroup.com

or

FNK IR

Rob Fink

646-809-4048

rob@fnkir.com

Source: Park City Group, Inc.

FAQ

What is the dividend amount declared by Park City Group in 2023?

Park City Group declared a dividend amount of $0.015 per share in 2023.

When will Park City Group's dividend be paid to shareholders?

The dividend will be paid on or about May 1, 2023.

Who are the partners of Park City Group's ReposiTrak platform?

ReposiTrak partners with grocery retailers, wholesalers, and their suppliers.

What date is the record for Park City Group's dividend?

The record date for the dividend is March 31, 2023.

How does the dividend affect Park City Group's shareholders?

The dividend provides a consistent income stream for shareholders, reflecting the company's financial health.