CompoSecure, Inc. (CMPO) to Issue Quarterly Dividend of $0.00 on June 1st

CompoSecure, Inc. (NASDAQ:CMPOGet Free Report) declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, May 18th will be given a dividend of 0.0025 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, May 18th.

CompoSecure Trading Down 25.9%

Shares of CompoSecure stock traded down $4.52 during trading hours on Friday, reaching $12.94. 16,474,906 shares of the company’s stock were exchanged, compared to its average volume of 1,030,516. The stock has a market cap of $1.64 billion, a P/E ratio of -7.70 and a beta of 0.98. CompoSecure has a fifty-two week low of $10.65 and a fifty-two week high of $26.78. The company has a 50 day moving average of $18.00 and a two-hundred day moving average of $20.18.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Locust Wood Capital Advisers LLC boosted its holdings in CompoSecure by 14.5% during the third quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company’s stock worth $194,499,000 after purchasing an additional 1,183,627 shares during the last quarter. Capital Research Global Investors purchased a new position in CompoSecure in the fourth quarter valued at about $166,827,000. Vanguard Group Inc. lifted its stake in shares of CompoSecure by 54.6% during the 4th quarter. Vanguard Group Inc. now owns 5,138,837 shares of the company’s stock valued at $99,077,000 after buying an additional 1,813,937 shares in the last quarter. Capital World Investors increased its holdings in shares of CompoSecure by 156.9% in the 4th quarter. Capital World Investors now owns 4,590,237 shares of the company’s stock worth $84,716,000 after buying an additional 2,803,712 shares during the last quarter. Finally, Bleichroeder LP grew its holdings in CompoSecure by 1.4% in the 4th quarter. Bleichroeder LP now owns 3,974,676 shares of the company’s stock worth $76,632,000 after acquiring an additional 55,210 shares during the last quarter. 37.56% of the stock is currently owned by hedge funds and other institutional investors.

About CompoSecure

(Get Free Report)

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.

Further Reading

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