13 Companies that Just Started Paying Dividends

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10. OneSpan Inc. (NASDAQ:OSPN)

Number of Hedge Fund Holders: 16

Dividend Initiation Announcement: December 16, 2024

On January 12, OneSpan Inc. (NASDAQ:OSPN) said it signed a definitive agreement to acquire Build38, a company known for its work in next-generation mobile application protection. The deal is meant to deepen OneSpan’s investment in advanced mobile security and strengthen how it protects applications used on phones and tablets.

The acquisition is expected to expand OneSpan’s App Shielding offering by adding SDK-based security tools that work inside the app and connect with cloud and AI technologies. For businesses, this means stronger protection against the growing number of attacks aimed at mobile apps. It also adds better visibility into what is happening on the devices where those apps run, something security teams often say they need more of.

OneSpan plans to integrate Build38’s SDK-based approach to Runtime Application Self-Protection, or RASP, into its mobile security portfolio. The goal is deeper in-app protection against attacks that target both applications and devices. In practical terms, this should lead to a safer and more secure digital experience for customers using mobile services every day.

Build38 was named a Sample Vendor in the Gartner® Hype Cycle™ for Application Security, 2025. The company is also a leading provider in Europe for securing mobile identities, including EUDI wallets, healthcare applications, and citizen services. Its experience in regulated industries and its compliance with strict global certifications fit closely with OneSpan’s strategy. Together, the two companies aim to raise the standard for trust and innovation in mobile identity protection.

The transaction is expected to close by March 2026, pending regulatory approvals and other customary closing conditions.

The company offers a quarterly dividend of $0.12 per share and has a dividend yield of 4.12%, as of January 29.

OneSpan Inc. (NASDAQ:OSPN) provides secure authentication, identity, electronic signature, and digital workflow solutions. Its products help protect and automate digital transactions and agreements, supporting everything from simple customer interactions to complex workflows that require higher levels of security.

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