IDT Co. Declares Dividend of $0.05 (NYSE:IDT)

IDT Co. (NYSE:IDT) announced a dividend on Thursday, December 19th,investing.com reports. Shareholders of record on Tuesday, December 24th will be given a dividend of 0.05 per share by the utilities provider on Tuesday, December 31st. This represents a yield of 0.42%. The ex-dividend date is Monday, December 23rd.

IDT Trading Up 1.3 %

Shares of NYSE:IDT opened at $47.87 on Friday. IDT has a 12-month low of $32.08 and a 12-month high of $58.77. The stock’s 50-day moving average price is $49.29 and its 200-day moving average price is $41.48. The stock has a market capitalization of $1.21 billion, a P/E ratio of 16.39 and a beta of 0.78.

IDT (NYSE:IDT) last announced its quarterly earnings results on Tuesday, October 8th. The utilities provider reported $0.51 EPS for the quarter. IDT had a return on equity of 22.18% and a net margin of 6.10%. The business had revenue of $308.83 million for the quarter.

Insider Activity at IDT

In other news, CFO Marcelo Fischer sold 600 shares of IDT stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $48.57, for a total value of $29,142.00. Following the completion of the transaction, the chief financial officer now owns 37,573 shares of the company’s stock, valued at $1,824,920.61. The trade was a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nadine Shea sold 1,000 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $53.74, for a total transaction of $53,740.00. Following the sale, the executive vice president now directly owns 4,775 shares in the company, valued at $256,608.50. This trade represents a 17.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,582 shares of company stock worth $1,686,308 over the last quarter. Corporate insiders own 25.32% of the company’s stock.

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.