VerifyMe, Inc. (VRME) to Distribute Special Dividend of $0.15 on October 2nd

VerifyMe, Inc. (NASDAQ:VRME) declared a special dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.15 per share on Friday, October 2nd. The ex-dividend date is Tuesday, September 29th.

VerifyMe Price Performance

NASDAQ VRME traded down $0.21 during trading on Friday, reaching $0.96. The company’s stock had a trading volume of 4,353,958 shares, compared to its average volume of 7,741,186. The firm has a fifty day moving average of $0.72 and a 200 day moving average of $0.74. The stock has a market capitalization of $12.64 million, a PE ratio of -2.40 and a beta of 0.32. VerifyMe has a one year low of $0.59 and a one year high of $1.95.

VerifyMe (NASDAQ:VRME) last announced its earnings results on Friday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). VerifyMe had a negative net margin of 47.08% and a negative return on equity of 17.16%. The company had revenue of $1.91 million for the quarter, compared to the consensus estimate of $2.71 million.

VerifyMe Company Profile

VerifyMe, Inc (NASDAQ:VRME) provides brand protection, product authentication, and consumer engagement solutions for companies seeking to protect products and strengthen relationships with customers. Its technology is designed to help businesses identify counterfeit or diverted goods, improve product traceability, and collect actionable information throughout the supply chain.

The company offers solutions that can incorporate unique product identifiers, serialized codes, authentication features, and digital engagement tools.