On March 25, 2026, Zedge, Inc. (NYSE AMERICAN: ZDGE) announced that its Board of Directors has approved a quarterly cash dividend of $0.02 per share, marking a 25% increase from the previous dividend of $0.016 per share. This decision reflects the company's strong free cash flow generation and confidence in its business prospects. The dividend is set to be payable on or about April 15, 2026, to stockholders of record as of April 6, 2026. CEO Jonathan Reich highlighted the company's record revenue and growth metrics, including active subscriptions and free cash flow, as key factors supporting this dividend increase. Zedge initiated its quarterly dividend just five months ago, and the recent performance has provided the confidence to implement this increase without compromising its ability to invest in innovation and growth or repurchase shares when market conditions warrant. The announcement is expected to positively influence investor sentiment and potentially enhance the stock price as it demonstrates the company's commitment to returning value to shareholders while maintaining a robust financial position.

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