Zedge Boosts Quarterly Dividend Following Strong Financial Performance

Zedge ( (ZDGE) ) has provided an update.

On March 25, 2026, Zedge, Inc. announced that its board approved a 25% increase in the company’s quarterly cash dividend, raising it from $0.016 to $0.02 per share of Class B common stock. The dividend is payable on April 15, 2026, to shareholders of record as of April 6, 2026, equivalent to an annualized payout of $0.08 per share.

Management framed the higher dividend as a reflection of strong second-quarter performance, including record revenue, ARPMAU, active subscriptions and Zedge Premium GTV, along with a 31% year-over-year rise in free cash flow and a debt-free balance sheet holding $19.1 million in cash. The company emphasized that the increased cash return to shareholders, coming just five months after initiating a dividend, will be funded from free cash flow and will not preclude continued investment in innovation, growth initiatives or opportunistic share repurchases.

The most recent analyst rating on (ZDGE) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Zedge stock, see the ZDGE Stock Forecast page.

Spark’s Take on ZDGE Stock

According to Spark, TipRanks’ AI Analyst, ZDGE is a Neutral.

The score is driven primarily by solid financial resilience (no debt and positive free cash flow) and an earnings call showing improving operating momentum (record revenue growth and positive adjusted EBITDA). These positives are tempered by weak technical trend signals and the ongoing profitability/GAAP-loss overhang (including the Emojipedia impairment), with valuation constrained by the negative P/E.

To see Spark’s full report on ZDGE stock, click here.

More about Zedge

Zedge, Inc., listed on the NYSE American under the ticker ZDGE, operates digital marketplaces and interactive games focused on creativity, self-expression and community. Its ecosystem includes the Zedge Marketplace for mobile wallpapers, ringtones and generative AI tools, the GuruShots photography game, and Emojipedia, a leading reference for emoji-related content.

The company serves tens of millions of consumers and creators each month, offering a freemium business model that blends content, competition and e-commerce. By integrating entertainment, user-generated content and AI-powered creation tools, Zedge positions itself at the intersection of digital media, mobile personalization and creator-focused platforms.

Average Trading Volume: 78,573

Technical Sentiment Signal: Sell

Current Market Cap: $39.91M

See more insights into ZDGE stock on TipRanks’ Stock Analysis page.