Wayside Technology Group, Inc. (NASDAQ:WSTG) released its quarterly earnings data on Thursday. The company reported $0.30 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $106.65 million during the quarter. Wayside Technology Group had a return on equity of 15.83% and a net margin of 1.33%.

Wayside Technology Group (NASDAQ:WSTG) traded down 1.5716% during trading on Friday, hitting $13.8784. The stock had a trading volume of 4,223 shares. The firm’s 50-day moving average price is $13.79 and its 200-day moving average price is $17.25. Wayside Technology Group has a 52-week low of $13.05 and a 52-week high of $21.75. The company has a market cap of $59.48 million, a price-to-earnings ratio of 10.2575 and a beta of 0.30.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Friday, November 10th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Thursday, November 9th. Wayside Technology Group’s dividend payout ratio (DPR) is 50.37%.

A hedge fund recently raised its stake in Wayside Technology Group stock. Vanguard Group Inc. raised its stake in shares of Wayside Technology Group, Inc. (NASDAQ:WSTG) by 1.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 87,492 shares of the company’s stock after buying an additional 1,381 shares during the period. Vanguard Group Inc. owned about 2.04% of Wayside Technology Group worth $1,693,000 at the end of the most recent quarter. Institutional investors and hedge funds own 41.76% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the property of of Watch List News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.watchlistnews.com/wayside-technology-group-inc-wstg-posts-earnings-results/1661776.html.

About Wayside Technology Group

Wayside Technology Group, Inc is an information technology (IT) channel company. The Company distributes software and hardware developed by others through resellers indirectly to customers across the world. The Company operates through two segments: Lifeboat Distribution and TechXtend. The Lifeboat Distribution segment distributes technical software and hardware to corporate resellers, value added resellers (VARs), consultants and systems integrators across the world.

Earnings History for Wayside Technology Group (NASDAQ:WSTG)

Receive News & Ratings for Wayside Technology Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayside Technology Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.