Onespan Inc Announces Quarterly Dividend of $0.13 (NASDAQ:OSPN)

Onespan Inc (NASDAQ:OSPNGet Free Report) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.13 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, August 14th.

Onespan has a dividend payout ratio of 36.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Onespan to earn $1.11 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 46.8%.

Onespan Stock Up 0.6%

Shares of OSPN stock traded up $0.09 during trading on Wednesday, reaching $16.30. 1,057,688 shares of the company’s stock were exchanged, compared to its average volume of 567,819. Onespan has a twelve month low of $10.07 and a twelve month high of $18.48. The firm’s fifty day moving average price is $14.68 and its 200-day moving average price is $12.52. The stock has a market capitalization of $604.24 million, a PE ratio of 9.01, a PEG ratio of 1.41 and a beta of 1.53.

Onespan (NASDAQ:OSPNGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.07. Onespan had a net margin of 28.47% and a return on equity of 18.03%. The firm had revenue of $60.47 million for the quarter, compared to analysts’ expectations of $58.25 million. As a group, analysts anticipate that Onespan will post 1.02 EPS for the current fiscal year.

Onespan Company Profile

(Get Free Report)

OneSpan, formerly known as Vasco Data Security International, is a Chicago-based cybersecurity software company specializing in digital identity and anti-fraud solutions. Founded in 1991, the company provides a suite of authentication and transaction security products designed to help organizations protect critical applications and high-value transactions across online, mobile and in-branch channels.

The core OneSpan portfolio includes multi-factor authentication, risk-based authentication and transaction signing solutions.

See Also

Dividend History for Onespan (NASDAQ:OSPN)

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