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Absolute Software has declared a quarterly dividend of CAD$0.08 per share, payable on May 25, 2022, to shareholders who are on record by May 12, 2022. This dividend qualifies as an eligible dividend under Canadian tax law. Absolute Software provides innovative self-healing endpoint security solutions, impacting over half a billion devices globally. Recognized as a leader in Zero Trust Networking, the company serves nearly 16,000 clients, enhancing cyber resilience against rising security threats.
Positive
Quarterly dividend of CAD$0.08 per share boosts income for shareholders.
Recognition as a leader in Zero Trust Networking enhances company credibility.
Services impact over half a billion devices, indicating widespread market penetration.
Negative
None.
VANCOUVER, British Columbia & SAN JOSE, Calif.--(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 May 25, 2022 to shareholders of record at the close of business on May 12, 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) is a leading provider of self-healing endpoint and secure access solutions, delivering truly resilient zero trust security for today’s distributed workforces. Absolute is the only endpoint platform 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 connections - enabling customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 16,000 customers, G2 recognized Absolute as a leader in Zero Trust Networking and Endpoint Management in the Winter of 2022.
