Spok Holdings, Inc. (SPOK) To Go Ex-Dividend on August 19th

Spok Holdings, Inc. (NASDAQ:SPOK) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 19th will be given a dividend of 0.3125 per share by the Wireless communications provider on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 11.4%. The ex-dividend date is Wednesday, August 19th.

Spok has raised its dividend by an average of 0.2%annually over the last three years. Spok has a dividend 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 Price Performance

Shares of SPOK stock opened at $10.96 on Monday. Spok has a 1-year low of $9.95 and a 1-year high of $18.62. The firm has a market cap of $229.26 million, a PE ratio of 18.90 and a beta of 0.48. The company has a 50-day moving average of $10.71 and a two-hundred day moving average of $11.41.

Spok (NASDAQ:SPOK) last released its quarterly earnings results on Wednesday, July 29th. The Wireless communications provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. Spok had a net margin of 9.00% and a return on equity of 8.50%. The business had revenue of $35.01 million for the quarter, compared to the consensus estimate of $34.30 million. Sell-side analysts anticipate that Spok will post 0.66 EPS for the current fiscal year.

Spok Company Profile

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.