A10 Networks, Inc. (NYSE:ATEN – Get Free Report) declared a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 15th will be given a dividend of 0.06 per share by the communications equipment provider on Monday, June 1st. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, May 15th.
A10 Networks has a payout ratio of 24.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect A10 Networks to earn $0.93 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 25.8%.
A10 Networks Stock Performance
ATEN stock opened at $26.63 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.56 and a quick ratio of 3.43. The company has a 50 day moving average price of $23.01 and a 200 day moving average price of $19.68. A10 Networks has a fifty-two week low of $15.91 and a fifty-two week high of $28.59. The stock has a market capitalization of $1.91 billion, a PE ratio of 45.91 and a beta of 1.09.
About A10 Networks
A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.
The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.
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