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ReposiTrak, Inc. Declares Quarterly Cash Dividend
Businesswire· 2026-03-20 20:05
Core Viewpoint - ReposiTrak, Inc. has declared a quarterly cash dividend of $0.02 per share, amounting to $0.08 annually, to shareholders of record on March 31, 2026, with payment expected around May 15, 2026 [1][9]. Company Overview - ReposiTrak, Inc. (NYSE: TRAK) is recognized as the world's largest food traceability and regulatory compliance network, leveraging a SaaS platform focused on inventory management and out-of-stock reduction [1][2]. - The company offers a comprehensive solution suite that includes food traceability, compliance and risk management, and supply chain solutions, aimed at reducing risk and enhancing operational controls for retailers, suppliers, food manufacturers, and wholesalers [2]. Financial Performance - In the second fiscal quarter ended December 31, 2025, ReposiTrak reported a revenue increase of 7%, reaching $5.9 million, up from $5.5 million in the previous year [5]. - The company's operating expenses decreased by 2%, from $4.1 million to $4.0 million during the same period [5].