Issuer Direct Corp (NYSEMKT:ISDR) had declared a cash dividend of $0.0300 on Apr 13, 2016. The shares will quote ex-dividend on Apr 21, 2016 and the record date has been fixed on Apr 25, 2016. At Apr 13, 2016 share price, the yield comes out to be 2.1897%. The dividend payable date has been fixed on May 12, 2016.
Issuer Direct Corp (ISDR) shares turned negative on Fridays trading session with the shares closing down -0.08 points or -1.43% at a volume of 988. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $5.52. The peak price level was also seen at $5.52 while the days lowest was $5.5. Finally the shares closed at $5.52. The 52-week high of the shares is $10.5 while the 52-week low is $4.875. According to the latest information available, the market cap of the company is $15 M.
Several Insider Transactions has been reported to the SEC. On Dec 14, 2015, Brian R Balbirnie (CEO) purchased 800 shares at $6.06 per share price.Also, On Mar 31, 2015, J. Patrick Galleher (director) purchased 1,000 shares at $8.75 per share price.On Jan 21, 2015, David Sandberg (10% owner director) sold 3,000 shares at $10.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Issuer Direct Corporation is a provider of disclosure management solutions and cloud-based compliance technologies. The Company reports its product and services revenues in three revenue streams: Disclosure management Shareholder communications and Platforms and technology. The Company’s technology platform the Disclosure Management System (DMS) is a secure cloud based workflow compliance and communications system for corporate issuers funds and compliance professionals. The Company works with a client base in the financial services industry including brokerage firms banks and mutual funds. It also sells products and services to corporate issuers shareholders investor relations officers and professional firms such as investor relations public relations as well as to accountants and the legal community. It markets its financial reporting solutions primarily to public companies and mutual funds that seek a workflow automation platform to prepare various regulatory filings.