Verisign initiates dividend
Verisign (VRSN) will start paying a quarterly dividend of 77 cents per share in 2025. The dividend yield is 1.1% at a stock price of $272.79.
On April 23, 2025, Verisign’s Board of Directors declared a cash dividend of $0.77 per share of Verisign’s outstanding common stock to stockholders of record as of the close of business on May 19, 2025, payable on May 28, 2025. Verisign intends to continue to pay a cash dividend on a quarterly basis, subject to market conditions and approval by Verisign’s Board of Directors.
“Verisign delivered solid results in the first quarter. As part of our ongoing commitment to return value to shareholders, I’m particularly pleased to announce the initiation of a quarterly cash dividend,” said Jim Bidzos, Executive Chairman, President and Chief Executive Officer.
Verisign is one of Warren Buffett's investments. The company is known for its massive annual buybacks.
Verisign (VRSN), a global provider of critical internet infrastructure and domain name registry services, enables internet navigation for many of the world’s most recognized domain names. Verisign helps enable the security, stability, and resiliency of the Domain Name System and the internet by providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce.
