Oklo stock tumbles as Financial Times scrutinizes valuation
IDT Corporation (NYSE:IDT) announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, representing a 0.36% yield. The dividend will be paid on October 10, 2025, to shareholders of record as of September 30, 2025. The company’s stock has shown remarkable strength, delivering a 72% return over the past year and trading near its 52-week high of $71.12.
The company, headquartered in Newark, New Jersey, made the announcement in a press release statement included in a filing with the Securities and Exchange Commission. IDT’s Class B common stock is listed on the New York Stock Exchange under the ticker symbol IDT.
No additional financial or operational updates were provided in the filing. The company’s next earnings report is scheduled for September 29, 2025, where investors can expect further insights into IDT’s performance and strategic initiatives.
In other recent news, independent retailers within the NRS network experienced a 3.5% increase in same-store sales for June 2025 compared to the previous year, as reported by NRSInsights. This growth rate shows a slight deceleration from the 4.9% year-over-year increase observed in May. Additionally, unit sales rose by 3.0% compared to June 2024, while the number of transactions remained unchanged year-over-year. These developments highlight the ongoing changes in consumer behavior and sales trends among independent retailers. Investors may find these insights useful when considering the retail sector’s performance and potential future trends.
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