Gold.com Inc. (GOLD) to Issue Quarterly Dividend of $0.20 on June 1st

Gold.com Inc. (NYSE:GOLD) announced a quarterly dividend on Tuesday, May 5th. Investors of record on Wednesday, May 20th will be given a dividend of 0.20 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, May 20th.

Gold.com Stock Performance

Shares of NYSE GOLD opened at $38.73 on Monday. The company has a quick ratio of 0.29, a current ratio of 1.18 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $44.84. The firm has a market capitalization of $1.10 billion, a PE ratio of 13.26 and a beta of 0.55. Gold.com has a 52 week low of $19.39 and a 52 week high of $66.70.

Gold.com (NYSE:GOLD) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $1.44 by $1.62. Gold.com had a return on equity of 17.82% and a net margin of 0.35%.The firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $4.81 billion. As a group, research analysts forecast that Gold.com will post 5.31 EPS for the current year.

Insider Activity at Gold.com

In related news, major shareholder Tether Global Investments Fund purchased 530,338 shares of the stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of $44.50 per share, with a total value of $23,600,041.00. Following the acquisition, the insider directly owned 3,370,787 shares in the company, valued at $150,000,021.50. The trade was a 18.67% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Gregory N. Roberts sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $41.58, for a total transaction of $1,663,200.00. Following the sale, the chief executive officer owned 28,202 shares of the company’s stock, valued at $1,172,639.16. This trade represents a 58.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 284,158 shares of company stock worth $14,688,421 in the last quarter. Corporate insiders own 0.63% of the company’s stock.

Institutional Trading of Gold.com

Several institutional investors have recently added to or reduced their stakes in GOLD. Charles Schwab Investment Management Inc. bought a new position in Gold.com during the 4th quarter worth $32,408,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Gold.com in the fourth quarter valued at about $890,000. Evergreen Capital Management LLC acquired a new position in shares of Gold.com in the fourth quarter valued at about $2,588,000. Simcoe Capital LLC acquired a new position in shares of Gold.com in the fourth quarter valued at about $3,134,000. Finally, Mutual Advisors LLC bought a new position in Gold.com during the fourth quarter worth about $1,027,000. 62.85% of the stock is currently owned by institutional investors.

About Gold.com

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.