Zedge, Inc. (NYSEAMERICAN:ZDGE) Announces Quarterly Dividend of $0.02

Zedge, Inc. (NYSEAMERICAN:ZDGE) announced a quarterly dividend on Friday, January 16th. Stockholders of record on Friday, January 30th will be given a dividend of 0.016 per share on Tuesday, February 10th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, January 30th.

Zedge Price Performance

Shares of ZDGE stock traded down $0.08 on Wednesday, reaching $3.18. 3,448 shares of the company were exchanged, compared to its average volume of 82,834. The company has a market cap of $39.62 million, a price-to-earnings ratio of -35.20 and a beta of 1.37. Zedge has a one year low of $1.73 and a one year high of $4.89. The company has a 50-day moving average of $3.09 and a 200-day moving average of $3.22.

About Zedge

Zedge, Inc (NYSE American: ZDGE) is a digital media and technology company that operates a mobile personalization platform. Through its flagship Zedge app and website, the company provides consumers with a wide range of downloadable digital content, including wallpapers, ringtones, notification sounds, app icons and lock screens. The platform accommodates both free and premium content, enabling users to customize their smartphones and tablets according to personal taste.

The company’s platform features content created by independent designers and established media brands, and it supports multiple languages and regional preferences.