This company has been acquired
Absolute Software Dividends and Buybacks
Dividend criteria checks 4/6
Absolute Software is a dividend paying company with a current yield of 2.05%.
Key information
2.0%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | -47% |
Recent dividend and buyback updates
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Feb 01
Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Nov 08Recent updates
An Intrinsic Calculation For Absolute Software Corporation (TSE:ABST) Suggests It's 21% Undervalued
Apr 22Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Feb 01Is There An Opportunity With Absolute Software Corporation's (TSE:ABST) 47% Undervaluation?
Jan 04Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of $0.08
Nov 08Absolute Software's (TSE:ABST) Dividend Will Be $0.08
Oct 23Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08
Jul 24Absolute Software's (TSE:ABST) Dividend Will Be CA$0.08
Apr 28Is Absolute Software (TSE:ABST) Using Debt Sensibly?
Mar 23Absolute Software (TSE:ABST) Is Due To Pay A Dividend Of CA$0.08
Jan 24Increases to Absolute Software Corporation's (TSE:ABST) CEO Compensation Might Cool off for now
Dec 08Is Absolute Software (TSE:ABST) Using Debt Sensibly?
Nov 13Absolute Software (TSE:ABST) Will Pay A Dividend Of CA$0.08
Aug 06Absolute Software (TSE:ABST) Has Affirmed Its Dividend Of CA$0.08
Jul 23Calculating The Intrinsic Value Of Absolute Software Corporation (TSE:ABST)
May 27Should You Investigate Absolute Software Corporation (TSE:ABST) At CA$18.65?
Apr 28Does Absolute Software Corporation (TSE:ABST) Have A Place In Your Dividend Portfolio?
Apr 13Will Absolute Software (TSE:ABST) Multiply In Value Going Forward?
Mar 20How Much Of Absolute Software Corporation (TSE:ABST) Do Institutions Own?
Mar 08Absolute Software Corporation (TSE:ABST) Shares Could Be 29% Above Their Intrinsic Value Estimate
Feb 24Did You Participate In Any Of Absolute Software's (TSE:ABST) Fantastic 252% Return ?
Feb 11
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABST's dividends per share have been stable in the past 10 years.
Growing Dividend: ABST's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Absolute Software Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABST) | 2.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Software) | 0.3% |
| Analyst forecast (ABST) (up to 3 years) | n/a |
Notable Dividend: ABST's dividend (2.05%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: ABST's dividend (2.05%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: ABST is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), ABST's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/27 11:09 |
| End of Day Share Price | 2023/07/26 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Absolute Software Corporation is covered by 22 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Thomas Walkley | Canaccord Genuity |
| Ralph Garcea | Cantor Fitzgerald Canada Corporation |