Onespan Inc (OSPN) to Issue Quarterly Dividend of $0.13 on September 4th

Onespan Inc (NASDAQ:OSPN) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Friday, August 14th will be given a dividend of 0.13 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, August 14th.

Onespan has a payout ratio of 36.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Onespan to earn $1.12 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 46.4%.

Onespan Stock Performance

OSPN stock opened at $16.30 on Wednesday. The firm has a 50 day moving average of $14.86 and a two-hundred day moving average of $12.68. Onespan has a 12 month low of $10.07 and a 12 month high of $18.48. The company has a market capitalization of $600.69 million, a price-to-earnings ratio of 9.16, a P/E/G ratio of 1.42 and a beta of 1.53. The company has a quick ratio of 1.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.02.

Onespan (NASDAQ:OSPN) last posted its earnings results on Tuesday, August 4th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.23 by $0.07. The firm had revenue of $60.47 million for the quarter, compared to the consensus estimate of $58.25 million. Onespan had a net margin of 27.76% and a return on equity of 16.91%. As a group, equities analysts anticipate that Onespan will post 1.05 EPS for the current fiscal year.

About Onespan

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.