Opera Limited's Upcoming Dividend: A Buy Opportunity for Income Investors

Opera Limited (NASDAQ:OPRA) is set to pay a dividend of $0.39 per share on July 15th, with an ex-dividend date of July 8th. The company has a trailing yield of 4.0% and a dividend payout ratio of 84% of profit. While earnings growth is important, the dividend is covered by both profit and cash flow, suggesting it is sustainable.