NIC Inc. (NASDAQ:EGOV) will begin trading ex-dividend on September 4, 2020. The quarterly dividend payment of $ 0.09 per share is scheduled to be paid on September 22, 2020. The dividend yield based on the latest trading day closing price was 1.66 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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NIC Inc. recently reported first quarter financial results on April 27, 2020, before market open, digital government services provider revealed income for the first quarter of $ 0.18 per share, from the revenue of $ 91.11 million. The quarterly earnings extended 5.88 percent while revenues extended 11.03 percent compared with the same quarter last year. The consensus estimates are $ 92.59 million in revenue The top line results fell short of analysts by $ 1.48 million or 1.6 percent.
Stock Performance
Shares of NIC Inc. traded up $ 0.02 or 0.09 percent on Friday, reaching $ 21.74 with volume of 146.00 thousand shares. NIC Inc. has traded high as $ 21.97 and has cracked $ 21.55 on the downward trend
According to the previous trading day, closing price of $ 21.74, representing a 40.22 % increase from the 52 week low of $ 15.49 and a 16.27 % decrease over the 52 week high of $ 25.94.
The company has a market capital of $ 1.46 billion and is part of the Technology sector and Software – Application industry.
NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. The companys outsourced portal business enters into long-term contracts with state and local governments to design, build, and operate Internet-based and enterprise-wide portals on their behalf. Its portals consist of Internet-based applications that enable businesses and citizens to access government information online and secure transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report.
