$23.81
+3.1%VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; and War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it. In addition, the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users' devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.
Total Payments
2
Latest Dividend
$20.0000
Annual Amount
$20.0000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 8, 2020 | May 18, 2020 | May 26, 2020 | $1.0000 | $20.0000 | Quarterly | +100.00% |
Jun 16, 2010 | Jul 1, 2010 | Jul 15, 2010 | $0.5000 | $10.0000 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Growth with sustainability: Strong dividend increases coupled with conservative payout ratios suggest robust business momentum and shareholder-friendly management committed to value creation.
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Statements
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Earnings Call
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