Wayside Technology Group, Inc. (WSTG) to Issue Quarterly Dividend of $0.17 on August 23rd

Wayside Technology Group, Inc. (NASDAQ:WSTG) announced a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Investors of record on Monday, August 19th will be given a dividend of 0.17 per share on Friday, August 23rd. This represents a $0.68 annualized dividend and a yield of 5.17%. The ex-dividend date is Friday, August 16th.

WSTG traded down $0.12 during trading on Wednesday, hitting $13.15. The company had a trading volume of 2 shares, compared to its average volume of 5,042. The company has a market cap of $59.32 million, a P/E ratio of 8.74 and a beta of 0.43. Wayside Technology Group has a 1-year low of $9.60 and a 1-year high of $13.70. The stock has a 50-day moving average of $11.46. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 0.06.

In other Wayside Technology Group news, Director Jeffrey Richart Geygan Geygan bought 8,070 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were bought at an average cost of $12.07 per share, with a total value of $97,404.90. Following the completion of the acquisition, the director now owns 9,425 shares of the company’s stock, valued at $113,759.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.10% of the stock is currently owned by corporate insiders.

Separately, TheStreet cut shares of Wayside Technology Group from a “b-” rating to a “c” rating in a report on Wednesday, May 22nd.

Wayside Technology Group Company Profile

Wayside Technology Group, Inc operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions.

Featured Article: The components of the Stochastic Momentum Index

Dividend History for Wayside Technology Group (NASDAQ:WSTG)

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