From Buybacks to Dividends: Zedge (ZDGE) Deepens Shareholder Focus

Zedge, Inc. (NYSEAMERICAN:ZDGE) is included among the 13 Companies that Just Started Paying Dividends.

On October 14, Zedge, Inc. (NYSEAMERICAN:ZDGE) said its Board of Directors approved the motorboat of a quarterly currency dividend, adding a caller furniture to the company’s superior instrumentality plans. The determination is aimed astatine expanding shareholder worth implicit time.

Starting a regular dividend reflects management’s assurance successful the company’s semipermanent growth, dependable escaped currency travel generation, and equilibrium expanse strength. Over the past year, Zedge has already returned superior done stock repurchases, buying backmost astir $4 cardinal of Class B shares arsenic portion of its $5 cardinal authorization. The dividend represents the adjacent measurement successful that effort. The institution offers a quarterly dividend of $0.016 per stock and a dividend output of 2.01%, arsenic of January 29.

Management made it wide that shareholder returns are not coming astatine the outgo of growth. The institution continues to put successful merchandise improvement and innovation. Recent launches, including Tapedeck and SynCat, constituent to that focus.

Zedge has besides formed a Product Innovation Team centered connected AI, vibe coding, and automation. The extremity is to determination faster erstwhile bringing caller products to market. According to management, the company’s fiscal flexibility allows it to reward shareholders contiguous portion inactive backing initiatives that enactment aboriginal growth.

Zedge, Inc. (NYSEAMERICAN:ZDGE) operates integer marketplaces and interactive games. Its broader ecosystem includes offerings specified arsenic the Zedge Marketplace.

While we admit the imaginable of ZDGE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.