A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend for the Fiscal Second Quarter of 2017, Payable on or about February 24, 2017
January 27, 2017 at 05:30 pm EST
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The board of directors of A-Mark Precious Metals, Inc. has declared a regular quarterly cash dividend of $0.08 per share for the fiscal second quarter of 2017. This represents a 14% increase from the previous quarterly rate of $0.07 per share. The cash dividend will be paid on or about February 24, 2017 to all stockholders of record as of February 8, 2017.
A-Mark Precious Metals, Inc. is a fully integrated precious metals platform. The Company offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers. The company conducts its operations through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. The Company operates its Direct-to-Consumer segment through its wholly owned subsidiaries JM Bullion, Inc. (JMB) and Goldline, Inc. The Company operates its Secured Lending segment through its wholly owned subsidiary Collateral Finance Corporation, LLC (CFC). JM Bullion is an e-commerce retailer of precious metals and operates seven separately branded, Company-owned websites such as JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org, BGASC.com, CyberMetals.com, and BullionMax.com.