Onespan Inc (OSPN) To Go Ex-Dividend on November 13th

Onespan Inc (NASDAQ:OSPN) announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Friday, November 13th will be given a dividend of $0.13 per share on Friday, December 4th. This represents a $0.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, November 13th.

Onespan has a payout ratio of 36.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Onespan to earn $1.06 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 49.1%.

Onespan Price Performance

Shares of OSPN stock opened at $21.92 on Wednesday. Onespan has a fifty-two week low of $10.07 and a fifty-two week high of $27.45. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.24 and a current ratio of 1.35. The firm has a market capitalization of $808.74 million, a price-to-earnings ratio of 12.11, a PEG ratio of 1.90 and a beta of 1.52. The stock’s 50-day simple moving average is $18.81 and its 200-day simple moving average is $14.45.

Onespan (NASDAQ:OSPN) last released its earnings results on Thursday, October 29th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. The company had revenue of $63.89 million during the quarter, compared to analysts’ expectations of $57.43 million. Onespan had a net margin of 27.52% and a return on equity of 15.96%. As a group, equities analysts forecast that Onespan will post 1.08 earnings per share for the current fiscal year.

Onespan Company Profile

OneSpan Inc. provides cybersecurity and digital agreement solutions that help organizations protect digital interactions and transactions. Its offerings are used by financial institutions, government agencies and other businesses to support secure access, identity verification and digital workflows. The company’s products include authentication tools, such as hardware and software-based security credentials, and OneSpan Sign, an electronic signature solution. OneSpan also offers software and services for managing digital agreements and securing transactions across online and mobile channels.