Vancouver, Canada: October 26, 2015– Absolute® Software Corporation (TSX: ABT) the industry standard for persistent endpoint security and data risk management solutions, today announced that its Board of Directors has declared a dividend of $0.08 CAD per share on its Common Shares, payable in cash on November 27, 2015 to shareholders of record on November 6, 2015. The new quarterly dividend represents an increase of approximately 14% over the previous quarterly dividend rate of $0.07 CAD per common share.
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.