A10 Networks, Inc. to Issue Quarterly Dividend of $0.06 (NYSE:ATEN)

A10 Networks, Inc. (NYSE:ATEN) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 17th will be paid a dividend of 0.06 per share by the communications equipment provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, August 17th.

A10 Networks has a payout ratio of 24.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect A10 Networks to earn $0.95 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 25.3%.

A10 Networks Trading Up 1.1%

Shares of NYSE:ATEN opened at $31.05 on Thursday. The company has a quick ratio of 3.56, a current ratio of 3.71 and a debt-to-equity ratio of 0.99. The business has a 50 day moving average of $33.73 and a 200-day moving average of $26.70. A10 Networks has a 12-month low of $16.52 and a 12-month high of $38.49. The stock has a market cap of $2.24 billion, a PE ratio of 50.08 and a beta of 1.16.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%.The firm had revenue of $80.14 million for the quarter, compared to analysts’ expectations of $77.28 million. During the same quarter last year, the business earned $0.21 EPS. The company’s quarterly revenue was up 15.5% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. As a group, equities research analysts forecast that A10 Networks will post 0.83 earnings per share for the current year.

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.