Vancouver, Canada: January 27, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced that the Board of Directors has declared a dividend of $0.06 per share on the common shares in the capital of the Company, payable on February 28, 2014 to shareholders of record on February 7, 2014.
“The Board's decision to once again institute a quarterly dividend highlights our significant cash flow generation, our confidence in the future growth of the business, and our strong commitment to increase shareholder value,” said Errol Olsen, CEO at Absolute Software.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.