Zedge, Inc. (NYSEAMERICAN:ZDGE) is included among the 13 companies that have just started paying dividends.

On October 14, Zedge, Inc. (NYSEAMERICAN:ZDGE) said its Board of Directors approved the launch of a quarterly cash dividend, adding a new layer to the company’s capital return plans. The decision aims to increase shareholder value over time.

Initiating a regular dividend reflects management’s confidence in the company’s long-term growth, consistent free cash flow generation and balance sheet strength. Over the past year, Zedge has already returned capital through share buybacks, buying roughly $4 million of Class B shares as part of its $5 million authorization. The dividend represents the next step in this effort. The company offers a quarterly dividend of $0.016 per share and a dividend yield of 2.01% as of January 29th.

Management made it clear that shareholder returns do not come at the expense of growth. The company continues to invest in product development and innovation. Recent releases, including Tapedeck and SynCat, point to this focus.

Zedge has also formed a product innovation team focused on AI, vibration coding and automation. The goal is to move faster in bringing new products to market. According to management, the company’s financial flexibility allows it to reward shareholders today while funding initiatives that support future growth.

Zedge, Inc. (NYSEAMERICAN:ZDGE) operates digital marketplaces and interactive games. Its broader ecosystem includes offerings such as Zedge Marketplace.

While we recognize ZDGE’s potential as an investment, we believe certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

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