A-Mark Precious Metals, Inc. (AMRK) has declared a quarterly cash dividend of $0.20 per share, as announced by its Board of Directors. This move maintains the company’s current dividend program and is set to be payable on April 29, 2024, to stockholders of record as of April 16, 2024.
Founded in 1965, A-Mark is a leading fully integrated precious metals platform that offers a wide range of precious metal products to wholesale and retail customers. The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending.
A-Mark’s Wholesale Sales & Ancillary Services segment distributes and purchases precious metal products from sovereign and private mints. The company sells more than 200 different products to various customers, including e-commerce retailers, coin and bullion dealers, financial institutions, industrial users, and collectors.
Through its Direct-to-Consumer segment, A-Mark operates as an omni-channel retailer of precious metals, providing access to a multitude of products through its subsidiaries JM Bullion, Provident Metals, and Goldline. The company also offers lending services through its Collateral Finance Corporation subsidiary, which originates and acquires loans secured by bullion and numismatic coins.
A-Mark’s global presence includes offices and facilities in locations such as Hong Kong, Vienna, and various cities in the U.S. The company’s commitment to providing quality precious metal products and services to its diverse customer base is evident in its operations and strategic initiatives.
Investors and stakeholders can find more information about A-Mark Precious Metals, Inc. on its corporate and investor relations websites. The company remains focused on its growth strategy and responding effectively to changing market conditions while striving to deliver value to its shareholders.
