Spok Holdings Inc (NASDAQ:SPOK) declared a quarterly dividend on Thursday, October 25th, Wall Street Journal reports. Shareholders of record on Friday, November 16th will be given a dividend of 0.125 per share by the Wireless communications provider on Monday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, November 15th.

Spok has increased its dividend by an average of 26.0% per year over the last three years.

NASDAQ:SPOK opened at $14.70 on Friday. The stock has a market capitalization of $292.42 million, a price-to-earnings ratio of 150.30 and a beta of 0.46. Spok has a 1-year low of $13.00 and a 1-year high of $18.85.

In other news, CEO Vincent D. Kelly sold 10,000 shares of the company’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $15.20, for a total value of $152,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Sharon Woods-Keisling sold 3,120 shares of the company’s stock in a transaction dated Tuesday, August 21st. The shares were sold at an average price of $15.60, for a total transaction of $48,672.00. Following the completion of the sale, the insider now owns 27,110 shares in the company, valued at approximately $422,916. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.

A number of research firms have weighed in on SPOK. BidaskClub cut shares of Spok from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 22nd. ValuEngine raised shares of Spok from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2018/11/10/spok-holdings-inc-spok-to-go-ex-dividend-on-november-15th.html.

Spok Company Profile

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.

Further Reading: What are the benefits of buying treasury bonds?

Dividend History for Spok (NASDAQ:SPOK)

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.