IDT Co. (IDT) To Go Ex-Dividend on September 30th

IDT Co. (NYSE:IDT) announced a quarterly dividend on Wednesday, September 18th, NASDAQ reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.05 per share by the utilities provider on Monday, October 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Monday, September 30th.

IDT Stock Up 0.3 %

Shares of IDT stock opened at $38.43 on Friday. IDT has a 12-month low of $21.64 and a 12-month high of $41.58. The firm has a market capitalization of $973.78 million, a PE ratio of 27.45 and a beta of 0.79. The stock’s fifty day moving average is $37.41 and its 200-day moving average is $37.46.

Insider Activity

In other news, Director Eric F. Cosentino sold 800 shares of the company’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $37.24, for a total transaction of $29,792.00. Following the completion of the sale, the director now directly owns 551 shares of the company’s stock, valued at $20,519.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, EVP Joyce J. Mason sold 7,570 shares of the stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $37.25, for a total value of $281,982.50. Following the completion of the sale, the executive vice president now directly owns 12,996 shares of the company’s stock, valued at approximately $484,101. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eric F. Cosentino sold 800 shares of the stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $37.24, for a total value of $29,792.00. Following the completion of the sale, the director now directly owns 551 shares of the company’s stock, valued at $20,519.24. The disclosure for this sale can be found here. Insiders sold a total of 8,870 shares of company stock valued at $329,880 over the last three months. Insiders own 15.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised IDT from a “buy” rating to a “strong-buy” rating in a report on Friday, July 19th.

IDT Company Profile

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.