Wayside Technology Group, Inc. (NASDAQ:WSTG) to Issue $0.17 Quarterly Dividend
Wayside Technology Group, Inc. (NASDAQ:WSTG) declared a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Investors of record on Monday, August 19th will be given a dividend of 0.17 per share on Friday, August 23rd. This represents a $0.68 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date is Friday, August 16th.
NASDAQ:WSTG opened at $13.27 on Wednesday. The business’s 50-day moving average price is $11.46. The firm has a market capitalization of $59.86 million, a price-to-earnings ratio of 8.74 and a beta of 0.43. Wayside Technology Group has a 52-week low of $9.60 and a 52-week high of $13.70. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 0.06.
In other news, Director Jeffrey Richart Geygan Geygan bought 8,070 shares of the stock in a transaction that occurred on Thursday, May 16th. The shares were purchased at an average cost of $12.07 per share, with a total value of $97,404.90. Following the completion of the acquisition, the director now directly owns 9,425 shares in the company, valued at $113,759.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.10% of the stock is owned by insiders.
About Wayside Technology Group
Wayside Technology Group, Inc operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions.
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