Spok Holdings Inc (NASDAQ:SPOK) to Issue $0.13 Quarterly Dividend

Spok Holdings Inc (NASDAQ:SPOK) announced a quarterly dividend on Wednesday, October 28th, Zacks reports. Investors of record on Monday, November 16th will be paid a dividend of 0.125 per share by the Wireless communications provider on Thursday, December 10th. This represents a $0.50 annualized dividend and a yield of 5.61%. The ex-dividend date of this dividend is Friday, November 13th.

SPOK traded up $0.01 on Friday, hitting $8.91. The company had a trading volume of 47 shares, compared to its average volume of 79,396. The firm has a market cap of $169.55 million, a P/E ratio of -14.54 and a beta of 0.23. Spok has a 1 year low of $8.53 and a 1 year high of $13.01. The company’s fifty day moving average price is $9.61 and its 200 day moving average price is $10.05.

Spok (NASDAQ:SPOK) last announced its quarterly earnings data on Wednesday, July 29th. The Wireless communications provider reported $0.20 EPS for the quarter. Spok had a negative return on equity of 1.13% and a negative net margin of 7.64%. The business had revenue of $35.74 million during the quarter.

In other Spok news, CEO Vincent D. Kelly purchased 5,000 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average cost of $10.90 per share, with a total value of $54,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michael W. Wallace purchased 3,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average cost of $10.06 per share, with a total value of $30,180.00. Following the completion of the acquisition, the chief financial officer now directly owns 36,165 shares of the company’s stock, valued at $363,819.90. The disclosure for this purchase can be found here. Insiders purchased 29,822 shares of company stock valued at $310,509 over the last ninety days. 7.78% of the stock is currently owned by corporate insiders.

Separately, TheStreet raised Spok from a “d+” rating to a “c-” rating in a research report on Friday, August 28th.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.

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Dividend History for Spok (NASDAQ:SPOK)

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