Published on 12 Nov 2023 on Simply Wall St. via Yahoo Finance

A10 Networks, Inc. (NYSE:ATEN) Looks Interesting, And It's About To Pay A Dividend

A10 Networks, Inc. (NYSE:ATEN) is about to trade ex-dividend in the next three days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, A10 Networks investors that purchase the stock on or after the 16th of November will not receive the dividend, which will be paid on the 1st of December.

The company's next dividend payment will be US$0.06 per share. Last year, in total, the company distributed US$0.24 to shareholders. Calculating the last year's worth of payments shows that A10 Networks has a trailing yield of 2.0% on the current share price of $12.02. If you buy this business for its dividend, you should have an idea of whether A10 Networks's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.

See our latest analysis for A10 Networks