Verisign's $287 Million Trading Day Ranks 324th as Stock Surges 4.66% in Three Days

On April 24, 2025, Verisign's trading volume reached $287 million, marking a 30.46% increase from the previous day and ranking 324th in the day's stock market activity. Verisign's stock price rose by 0.49%, marking the third consecutive day of gains and a total increase of 4.66% over the past three days.

Verisign announced a significant development by initiating a quarterly cash dividend of $0.77 per share, signaling confidence in its sustainable cash flow. This move marks the company's first cash dividend since 2011, as it has previously returned capital to shareholders through stock buybacks.

Verisign reported a total of 368.4 million domain name registrations across all top-level domains (TLDs) by the end of the first quarter of 2025, an increase of 4.2 million domain name registrations, or 1.1%, compared to the fourth quarter of 2024. The .com and .net TLDs had a combined total of 169.8 million domain name registrations, an increase of 0.8 million domain name registrations, or 0.5%, compared to the fourth quarter of 2024.

Verisign's Board of Directors declared a quarterly cash dividend of $0.77 per share, payable on May 28, 2025 to stockholders of record as of May 19, 2025. This dividend is subject to market conditions and approval by Verisign's Board of Directors. The company intends to continue paying this dividend on a quarterly basis, demonstrating its robust financial health and commitment to returning value to shareholders.