IDT CORP 8-K
Research Summary
AI-generated summary
IDT Corp Declares Quarterly Cash Dividend of $0.07 per Share
What Happened
- IDT Corporation announced on May 28, 2026 (filed in an 8-K on May 29, 2026) that its Board of Directors declared a quarterly cash dividend of $0.07 per share. The dividend is payable on June 18, 2026 to stockholders of record as of June 9, 2026. The disclosure was furnished under Item 7.01 (Regulation FD).
Key Details
- Dividend amount: $0.07 per share.
- Declaration date: May 28, 2026; 8-K filed May 29, 2026.
- Record date: June 9, 2026; Payment date: June 18, 2026.
- Filing type: Item 7.01 Regulation FD disclosure (information furnished).
Why It Matters
- The dividend provides a direct cash return to shareholders and signals the board’s decision to distribute capital this quarter. For income-oriented investors, the announced payment date and record date are the key dates to own shares to receive the dividend. The filing is a routine regulatory disclosure and does not, by itself, report earnings, revenue, or changes in management.
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