Vancouver, Canada: July 16, 2013 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share on its common shares, payable in cash on August 28, 2013 to shareholders of record at the close of business on August 7, 2013.
"The Board's decision to once again institute a quarterly dividend highlights our significant cash flow generation, our confidence in our prospects for future growth, and our strong commitment to increase shareholder value,” stated John Livingston, CEO of 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.