Wayside Technology Group Inc. (NASDAQ:WSTG) Chairman Simon F. Nynens sold 3,957 shares of the stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $17.04, for a total transaction of $67,427.28. Following the transaction, the chairman now directly owns 307,830 shares in the company, valued at $5,245,423.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wayside Technology Group Inc. (NASDAQ:WSTG) opened at 17.30 on Wednesday. The firm’s 50-day moving average is $17.45 and its 200 day moving average is $17.67. Wayside Technology Group Inc. has a 52-week low of $15.47 and a 52-week high of $19.50. The firm has a market capitalization of $76.99 million, a P/E ratio of 14.29 and a beta of 0.31.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 18th. Shareholders of record on Tuesday, November 8th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Friday, November 4th. Wayside Technology Group’s dividend payout ratio is presently 55.74%.

About Wayside Technology Group

Wayside Technology Group, Inc is an information technology (IT) channel company. The Company operates through two segments: Lifeboat Distribution and TechXtend. The Lifeboat Distribution segment distributes technical software to corporate resellers, value added resellers, consultants and systems integrators around the world.

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