Collectors Universe Declares Quarterly Cash Dividend of $0.175 per Common Share

Rhea-AI Summary

Collectors Universe, Inc. (NASDAQ: CLCT) announced a quarterly cash dividend of $0.175 per share for Q2 of fiscal 2021. This dividend will be paid on November 27, 2020 to shareholders on record as of November 13, 2020. The company is recognized for its authentication and grading services in the high-value collectibles market, enhancing value for dealers and collectors alike. Collectors Universe operates various services, including a dealer-to-dealer bidding market and trade conventions.

Positive

• Quarterly cash dividend declared at $0.175 per share.
• Dividend payment date set for November 27, 2020, indicating company confidence.
• Strong market position in high-value collectibles authentication and grading.

Negative

• None.

News Market Reaction – CLCT

-0.76%

-0.76% Session move

In the trading session that priced this news, CLCT declined 0.76%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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NEWPORT BEACH, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Collectors Universe, Inc. (NASDAQ: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced that, pursuant to its previously adopted dividend policy, the Board of Directors has declared the Company's quarterly cash dividend of $0.175 per share of common stock for the second quarter of fiscal 2021.  The cash dividend will be paid on November 27, 2020 to stockholders of record on November 13, 2020.

About Collectors Universe

Collectors Universe, Inc. is a leading provider of value-added services to the high-value collectibles markets. The Company authenticates and grades collectible coins, trading cards, event tickets, autographs and memorabilia (“collectibles”). The Company also compiles and publishes authoritative information about United States and world coins, collectible trading cards and sports memorabilia and operates its CCE dealer-to-dealer Internet bid-ask market for certified coins and its Expos trade show and conventions business. This information is accessible to collectors and dealers at the Company's website, http://www.collectorsuniverse.com and is also published in print.

Contact:
Shelton Group
Leanne K. Sievers
949-224-3874
sheltonir@sheltongroup.com 

FAQ

What is the dividend amount and payment date for CLCT?

Collectors Universe has declared a quarterly cash dividend of $0.175 per share, payable on November 27, 2020.

Who is eligible for the dividend payment from CLCT?

Stockholders of record on November 13, 2020, are eligible for the dividend payment.

What services does Collectors Universe provide?

Collectors Universe provides authentication and grading services for collectibles, including coins, trading cards, and sports memorabilia.

How often does Collectors Universe pay dividends?

Collectors Universe follows a quarterly dividend policy.