A10 Networks, Inc. (ATEN) to Issue Quarterly Dividend of $0.06 on March 2nd

A10 Networks, Inc. (NYSE:ATEN) announced a quarterly dividend on Wednesday, February 4th. Stockholders of record on Monday, February 16th will be given a dividend of 0.06 per share by the communications equipment provider on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 13th.

A10 Networks has a dividend payout ratio of 24.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect A10 Networks to earn $0.79 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 30.4%.

A10 Networks Stock Performance

NYSE:ATEN opened at $20.85 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.56 and a quick ratio of 3.43. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 35.95 and a beta of 1.23. The firm’s fifty day moving average price is $17.92 and its 200 day moving average price is $17.76. A10 Networks has a 1-year low of $13.81 and a 1-year high of $21.90.

A10 Networks (NYSE:ATEN) last released its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. A10 Networks had a net margin of 14.50% and a return on equity of 24.10%. The company had revenue of $80.36 million during the quarter, compared to analysts’ expectations of $78.09 million. During the same quarter last year, the business earned $0.24 EPS. The business’s revenue was up 8.3% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, sell-side analysts expect that A10 Networks will post 0.69 EPS for the current year.

Wall Street Analysts Forecast Growth

ATEN has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of A10 Networks in a report on Wednesday, January 21st. Wall Street Zen cut A10 Networks from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of A10 Networks in a report on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

A10 Networks Company Profile

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.