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 launch of a quarterly cash dividend, adding a new layer to the company’s capital return plans. The decision is aimed at increasing shareholder value over time.
Starting a regular dividend reflects management’s confidence in the company’s long-term growth, steady free cash flow generation, and balance sheet strength. Over the past year, Zedge has already returned capital through share repurchases, buying back roughly $4 million of Class B shares as part of its $5 million authorization. The dividend represents the next step in that effort. The company offers a quarterly dividend of $0.016 per share and a dividend yield of 2.01%, as of January 29.
Management made it clear that shareholder returns are not coming at the cost of growth. The company continues to invest in product development and innovation. Recent launches, including Tapedeck and SynCat, point to that focus.
Zedge has also formed a Product Innovation Team centered on AI, vibe coding, and automation. The goal is to move faster when bringing new products to market. According to management, the company’s financial flexibility allows it to reward shareholders today while still funding initiatives that support future growth.
Zedge, Inc. (NYSEAMERICAN:ZDGE) operates digital marketplaces and interactive games. Its broader ecosystem includes offerings such as the Zedge Marketplace.
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