Spok Holdings Inc (NASDAQ:SPOK) Plans Quarterly Dividend of $0.13

Spok Holdings Inc (NASDAQ:SPOK) declared a quarterly dividend on Wednesday, October 23rd, Zacks reports. Investors of record on Friday, November 15th will be given a dividend of 0.125 per share by the Wireless communications provider on Tuesday, December 10th. This represents a $0.50 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, November 14th.

SPOK stock traded up $0.08 during mid-day trading on Tuesday, hitting $12.08. 463 shares of the stock were exchanged, compared to its average volume of 58,021. The company has a current ratio of 2.32, a quick ratio of 2.30 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average price of $11.63 and a 200 day moving average price of $13.37. Spok has a 12 month low of $10.99 and a 12 month high of $17.25.

Get Spok alerts:

In other Spok news, CEO Vincent D. Kelly sold 5,000 shares of Spok stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $11.57, for a total transaction of $57,850.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian Oreilly purchased 9,000 shares of the company’s stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of $11.77 per share, with a total value of $105,930.00. Insiders own 7.51% of the company’s stock.

Several equities research analysts have issued reports on the company. ValuEngine lowered Spok from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. BidaskClub lowered Spok from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 24th.

About Spok

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.

See Also: What are trading strategies for the 52-week high/low?

Receive News & Ratings for Spok Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spok and related companies with MarketBeat.com's FREE daily email newsletter.