Absolute Software (ABT) Announces Quarterly Dividend of $0.08

Absolute Software (TSE:ABT) announced a quarterly dividend on Friday, October 19th, Zacks reports. Shareholders of record on Monday, November 5th will be given a dividend of 0.08 per share on Monday, November 26th. This represents a $0.32 annualized dividend and a yield of 4.41%. The ex-dividend date of this dividend is Friday, November 2nd.

TSE ABT opened at C$7.25 on Friday. Absolute Software has a 12-month low of C$6.06 and a 12-month high of C$8.54.

Absolute Software (TSE:ABT) last posted its quarterly earnings results on Monday, August 13th. The company reported C$0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.01 by C$0.07. The business had revenue of C$31.07 million for the quarter, compared to analysts’ expectations of C$31.60 million.



Several equities analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Absolute Software from C$7.50 to C$8.00 and gave the company a “market perform” rating in a research note on Tuesday, August 14th. National Bank Financial upped their price objective on shares of Absolute Software from C$7.00 to C$7.50 and gave the company a “sector perform” rating in a research note on Tuesday, August 14th. Industrial Alliance Securities upped their price objective on shares of Absolute Software from C$10.25 to C$10.50 in a research note on Tuesday, August 14th. Pi Financial upped their price objective on shares of Absolute Software from C$8.25 to C$10.00 in a research note on Tuesday, August 14th. Finally, Canaccord Genuity upped their price objective on shares of Absolute Software from C$7.50 to C$8.00 in a research note on Tuesday, August 14th.

In other news, insider Todd Wakerley sold 3,200 shares of the company’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of C$7.89, for a total transaction of C$25,248.00. Over the last ninety days, insiders have sold 7,917 shares of company stock valued at $58,608.

Absolute Software Company Profile

Absolute Software Corporation develops, markets, and supports endpoint management and data security solutions for endpoint computing devices in Canada, the United States, and internationally. Its software-as-a-service solutions enable customers to secure endpoints, assess risk, and respond to security threats.

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Dividend History for Absolute Software (TSE:ABT)

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