Spok Holdings, Inc. (SPOK) To Go Ex-Dividend on May 26th

Spok Holdings, Inc. (NASDAQ:SPOK) announced a quarterly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.3125 per share by the Wireless communications provider on Wednesday, June 24th. This represents a c) annualized dividend and a dividend yield of 11.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Spok has increased its dividend payment by an average of 0.2%annually over the last three years. Spok has a payout ratio of 158.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Spok Stock Down 0.5%

NASDAQ:SPOK opened at $10.96 on Friday. The business’s 50-day moving average price is $11.15 and its two-hundred day moving average price is $12.47. Spok has a twelve month low of $9.95 and a twelve month high of $19.31. The stock has a market cap of $228.95 million, a P/E ratio of 18.27 and a beta of 0.45.

Spok (NASDAQ:SPOK) last released its quarterly earnings results on Wednesday, April 29th. The Wireless communications provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). The business had revenue of $33.23 million during the quarter, compared to analysts’ expectations of $35.00 million. Spok had a net margin of 9.27% and a return on equity of 8.64%. On average, equities research analysts expect that Spok will post 0.66 EPS for the current fiscal year.

About Spok

Spok, Inc is a publicly traded healthcare communications and collaboration company headquartered in Bellevue, Washington. The company specializes in providing secure, real-time clinical communication solutions designed to streamline workflows and enhance patient care. Serving hospitals, health systems, and other healthcare organizations across North America and selected international markets, Spok has positioned itself as a leading provider of secure messaging and nurse call integration.

Spok’s flagship offering, the Spok Care Connect platform, delivers a suite of integrated products, including secure text and voice messaging, alarm and event management, call center solutions, and digital signage.