ReposiTrak raises quarterly dividend by 10%

Published 05/06/2025, 13:14
ReposiTrak raises quarterly dividend by 10%

SALT LAKE CITY - ReposiTrak, Inc. (NYSE: TRAK), a leading provider of food traceability and compliance network solutions, has announced a 10% increase in its quarterly cash dividend, marking the third such increase in the past three years. The company maintains impressive gross profit margins of 83.6% and holds more cash than debt on its balance sheet, according to InvestingPro data. The new quarterly dividend of $0.02 per share, which equates to an annual dividend of $0.08 per share, is scheduled to be distributed to shareholders of record as of September 30, 2025, with the payment date on or around November 14, 2025.

The company’s Chairman and CEO, Randall K. Fields, highlighted the consistent dividend growth as a reflection of ReposiTrak’s solid financial performance and its ongoing commitment to rewarding its shareholders. Fields emphasized the company’s balanced capital allocation strategy, which aims to return 50% of its annual operating cash flow to shareholders through dividends, debt repayment, and share repurchases, while the remaining 50% is earmarked for investment in growth and maintaining a strong balance sheet. With a current ratio of 6.03 and minimal debt-to-equity of 0.02, InvestingPro analysis shows the company’s liquid assets significantly exceed its short-term obligations.

The decision to increase the dividend again demonstrates the Board’s confidence in the strength and sustainability of ReposiTrak’s business model and future growth opportunities. ReposiTrak provides a suite of integrated cloud-based solutions for retailers, suppliers, food manufacturers, and wholesalers, aimed at reducing risk, ensuring regulatory compliance, enhancing operational controls, and increasing sales with brand protection. The company has achieved revenue growth of 9.7% over the last twelve months, with analysts projecting continued profitability. For deeper insights into ReposiTrak’s financial health and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which includes detailed analysis of over 12 key financial metrics and expert recommendations.

The information regarding the dividend increase is based on a press release statement from ReposiTrak. It is important to note that forward-looking statements in the press release involve risks and uncertainties, and actual results may differ materially from those projected. The company may update these projections from time to time but is not obligated to do so. Investors are advised to consider the potential risks and not to place undue reliance on these forward-looking statements.

In other recent news, Repositrak Inc. reported its third-quarter fiscal 2025 earnings, revealing a solid financial performance. The company posted earnings per share (EPS) of $0.10, exceeding the forecasted $0.0844. Revenue for the quarter reached $5.9 million, slightly below the expected $5.85 million, but still marking a 16% year-over-year increase. Repositrak’s recurring revenue, a key indicator of sustained growth, rose by 15%. The company’s net income saw a significant boost, increasing by 27% to $2 million. Repositrak’s strategic focus on innovation and product expansion continues, with plans to double its historical revenue in the coming years. Analysts have noted that Repositrak’s stock performance reflects investor confidence in its growth trajectory and strategic initiatives. Discussions during the earnings call also highlighted potential cross-selling strategies and ongoing evaluations of merger and acquisition opportunities.

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