A10 Networks, Inc. (ATEN) to Issue Quarterly Dividend of $0.06 on September 1st

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) dividend on an annualized basis and a yield of 0.9%. 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. 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 1.5%

NYSE:ATEN opened at $27.40 on Friday. The company has a market capitalization of $1.99 billion, a P/E ratio of 45.67 and a beta of 1.16. The firm has a 50-day moving average price of $33.22 and a two-hundred day moving average price of $27.13. A10 Networks has a twelve month low of $16.52 and a twelve month high of $38.49.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $80.14 million for the quarter, compared to the consensus estimate of $77.28 million. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. The company’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.21 earnings per share. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. On average, equities research analysts predict that A10 Networks will post 0.81 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.