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Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share, payable on February 25, 2022, to shareholders on record by February 11, 2022. This dividend is classified as an eligible dividend under Canadian tax laws. The company specializes in Zero Trust security solutions, aiming to enhance productivity and security for remote workforces. With over 16,000 customers, it continues to establish its presence in the cybersecurity space, recognized as a leader in Zero Trust Networking.
Positive
Quarterly dividend of CAD$0.08 enhances shareholder value.
Recognition as a leader in Zero Trust Networking reflects company stability.
Strong customer base with nearly 16,000 clients indicates robust demand.
Negative
None.
VANCOUVER, British Columbia--(BUSINESS WIRE)--
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 February 25, 2022 to shareholders of record at the close of business on February 11, 2022.
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 (NASDAQ: ABST) (TSX: ABST) accelerates customers’ shift to work-from-anywhere through the industry’s first self-healing Zero Trust platform, helping to ensure maximum security and uncompromised productivity. Absolute is the only solution embedded in more than half a billion devices, offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network access to help ensure their cyber resilience tailored for distributed workforces. Trusted by nearly 16,000 customers, G2 recognized Absolute as a leader in Zero Trust Networking in the Fall of 2021.
