ReposiTrak, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

ReposiTrak has declared a quarterly cash dividend of $0.0165 per share, totaling $0.066 per year. The dividend is payable to shareholders of record on June 28, 2024, with payments expected around August 12, 2024. ReposiTrak is known for its food traceability and regulatory compliance network, supported by inventory management and out-of-stock reduction SaaS platform.

Positive

• ReposiTrak declared a quarterly cash dividend, which can attract and retain investors.
• The annual dividend totals $0.066 per share, showing a commitment to shareholder returns.
• Payment date set for August 12, 2024, providing a clear timeline for investors.

Negative

• Dividend amount of $0.0165 per share may be perceived as low by some investors.
• June 28, 2024, record date could limit short-term investor interest.

SALT LAKE CITY--(BUSINESS WIRE)-- ReposiTrak, Inc. (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced that the Company’s Board of Directors has declared a quarterly cash dividend of $0.0165 per share ($0.066 per year), payable to shareholders of record on June 28, 2024. The cash dividends will be paid to shareholders of record on or about August 12, 2024.

About ReposiTrak formerly known as Park City Group, Inc.:

ReposiTrak, Inc. (NYSE: TRAK) formerly known as Park City Group, Inc. (NASDAQ: PCYG), 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.repositrak.com.

Specific disclosure relating to ReposiTrak, 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, 2023 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/20240618085432/en/

Investor Relations:

John Merrill, CFO

investor-relations@repositrak.com

or

FNK IR

Rob Fink

646-809-4048

rob@fnkir.com

Source: ReposiTrak, Inc.

FAQ

What is the dividend amount declared by ReposiTrak (TRAK)?

ReposiTrak has declared a quarterly cash dividend of $0.0165 per share.

When is the record date for ReposiTrak's dividend?

The record date for the dividend is June 28, 2024.

When will ReposiTrak pay the declared dividend?

The dividend will be paid around August 12, 2024.

What is the annual dividend total for ReposiTrak (TRAK)?

The annual dividend total is $0.066 per share.