Opera Limited Sponsored ADR (OPRA) to Issue Dividend of $0.40 on July 15th

Opera Limited Sponsored ADR (NASDAQ:OPRA) declared a dividend on Wednesday, June 10th. Investors of record on Tuesday, July 7th will be given a dividend of 0.40 per share on Wednesday, July 15th. This represents a dividend yield of 441.0%. The ex-dividend date is Tuesday, July 7th.

Opera has a dividend payout ratio of 61.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Opera to earn $1.39 per share next year, which means the company should continue to be able to cover its $0.78 annual dividend with an expected future payout ratio of 56.1%.

Opera Price Performance

Shares of OPRA stock opened at $19.90 on Friday. The stock has a market capitalization of $1.78 billion, a PE ratio of 15.79 and a beta of 1.31. The business’s 50 day simple moving average is $18.30 and its 200 day simple moving average is $15.65. Opera has a one year low of $11.71 and a one year high of $21.06.

About Opera

Opera Limited (NASDAQ: OPRA) is a global software and internet services company best known for its cross-platform web browsers, including the flagship Opera Browser, Opera Mini for mobile devices and Opera GX designed for the gaming community. The company integrates features such as ad blocking, built-in VPN services and a cryptocurrency wallet into its desktop and mobile applications, aiming to deliver fast, secure and feature-rich browsing experiences to hundreds of millions of users worldwide.

Beyond its consumer-facing browsers, Opera operates Opera News, a personalized content and news aggregation platform with a strong presence in Africa and Asia, and Opera Ads, a digital advertising network that leverages user-behavior data to provide targeted ad placements across devices.