2 months ago
23
Howard Smith, The Motley Fool
Fri, Apr 25, 2025, 9:38 AM 3 min read
In This Article:
VeriSign (NASDAQ: VRSN) shares took disconnected Friday greeting aft the institution released first-quarter net and declared a dividend for the archetypal time. Its coagulated results besides allowed the institution to rise gross guidance for the afloat year.
Investors jumped into what has been 1 of the large banal marketplace winners truthful acold this year. Shares jumped 9.3% higher arsenic of 11:35 a.m. ET, giving the banal a summation of 33% twelvemonth to date.
Where to put $1,000 close now? Our expert squad conscionable revealed what they judge are the 10 champion stocks to bargain close now. Continue »
The initiation of a quarterly currency dividend surely made shareholders happy, too. That radical of investors includes Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
VeriSign isn't what astir investors would representation arsenic a Buffett holding. The institution manages net domain names and provides captious net infrastructure for managing and maintaining security. Buffett typically steers wide of exertion stocks, but Berkshire has owned VeriSign for much than a decade, and it added to its VeriSign holding successful the 4th quarter. That holding was valued astatine astir $2.75 cardinal astatine the extremity of Q4, putting VeriSign conscionable retired of Berkshire's 10 largest holdings.
Buffett apt continues to beryllium blessed with VeriSign's business. The institution saw some gross and operating income turn astir 5% twelvemonth implicit year. It raised 2025's full-year guidance for some of those metrics arsenic well.
VeriSign besides declared a currency dividend of $0.77 per share, giving the banal a guardant dividend output of astir 1.1%. It besides repurchased 1 cardinal shares astatine an mean terms of $230 per share. Those are signs of a institution with beardown escaped currency flow. The stock repurchases should continue, arsenic VeriSign inactive had astir $800 cardinal authorized for that intent arsenic of the extremity of the quarter.
This is simply a institution that has been delivering accordant fiscal results with beardown currency flow. And enactment that it should consciousness minimal impacts from the existent tariff uncertainty. It's not immune to currency fluctuations and economical slowdowns, but it looks to beryllium a bully banal to ain close now.
Before you bargain banal successful VeriSign, see this:
The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and VeriSign wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.
English (CA) · 
English (US) · 
Spanish (MX) ·