IDT Corp. (IDT) to Issue Quarterly Dividend of $0.19 on October 20th
IDT Corp. (NYSE:IDT) announced a quarterly dividend on Wednesday, September 28th. Stockholders of record on Tuesday, October 11th will be paid a dividend of 0.19 per share on Thursday, October 20th. This represents a $0.76 annualized dividend and a dividend yield of 4.41%. The ex-dividend date is Thursday, October 6th. This is a positive change from IDT Corp.’s previous quarterly dividend of $0.18.
Shares of IDT Corp. (NYSE:IDT) opened at 17.24 on Friday. The stock has a 50 day moving average price of $15.03 and a 200 day moving average price of $14.97. IDT Corp. has a one year low of $10.76 and a one year high of $17.72. The company has a market capitalization of $396.95 million, a PE ratio of 16.74 and a beta of 0.86.
IDT Corp. (NYSE:IDT) last announced its earnings results on Wednesday, September 28th. The company reported $0.50 earnings per share (EPS) for the quarter. The company earned $368.10 million during the quarter, compared to analysts’ expectations of $405.80 million. IDT Corp. had a net margin of 1.57% and a return on equity of 25.70%. On average, equities research analysts predict that IDT Corp. will post $1.70 earnings per share for the current year.
IDT Corp. Company Profile
IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company operates through segments, including Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.
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