Absolute Software Declares Quarterly Dividend

Rhea-AI Summary

Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share for its common shares. This dividend is payable on August 27, 2021, to shareholders of record by August 11, 2021. The dividends are eligible under subsection 89(14) of the Income Tax Act (Canada). As a leader in Endpoint Resilience™ solutions, Absolute Software provides a security platform embedded in over half a billion devices, offering critical capabilities in today’s digital landscape.

Positive

• Quarterly dividend of CAD$0.08 signifies company’s commitment to returning value to shareholders.
• Strong market position as a leader in Endpoint Resilience solutions supports investor confidence.

Negative

• None.

Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on August 27, 2021 to shareholders of record at the close of business on August 11, 2021.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

About Absolute Software
Absolute Software is a leader in next generation Endpoint Resilience™ solutions, delivering a unique security platform that unites the power of self-healing devices, applications, and network connectivity. Absolute is the only endpoint security provider embedded in more than half a billion devices that offers a permanent digital connection to see, manage, secure, and automatically heal every device, and provides deep insights into the health of devices, applications, and network connections. We empower customers with the critical capabilities required in a zero-trust world – enabling them to achieve a secure employee experience, a more effective IT department and a more secure organization in the work from anywhere era. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter.

©2021 Absolute Software Corporation. All rights reserved. ABSOLUTE and the ABSOLUTE logo are registered trademarks of Absolute Software Corporation in the United States and/or other countries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210720006122/en/

FAQ

What is the dividend amount declared by Absolute Software (ABST)?

Absolute Software declared a quarterly dividend of CAD$0.08 per share.

When is the dividend payable for Absolute Software (ABST)?

The dividend is payable on August 27, 2021.

What is the record date for the dividend of Absolute Software (ABST)?

The record date for the dividend is August 11, 2021.

Are the dividends from Absolute Software (ABST) eligible dividends?

Yes, the dividends are designated as eligible dividends under the Income Tax Act (Canada).

What is Absolute Software's business focus?

Absolute Software focuses on Endpoint Resilience solutions and security for devices and applications.