3 Dividend Stocks With Recurring Revenue and Room to Keep Raising Payouts
Thomson Reuters (TRI), VeriSign (VRSN), and OneSpan (OSPN) raised dividends. TRI yields 2.37%, VRSN 1.05%, OSPN 2.41%. TRI's payout ratio is 78.8%, VRSN's 34.4%, OSPN's 28.9%. All have upcoming ex-dividend dates in November. TRI and OSPN have increased dividends annually, while VRSN started in 2025. Each has recurring revenue models and plans for future growth.
How this was made
The 30-second read
Why it matters
Provides fresh corporate‑action data that can guide dividend‑capture and income‑strategy trades.
Market read
New dividend increases and a sizable buyback for TRI create short‑term buying opportunities; VRSN and OSPN offer additional income options.
What to watch
Potential pressure from rising interest rates on high‑payout ratios and the impact of AI spending on free cash flow.
Background
The article profiles three data‑service companies with rising dividends and recent cash‑return actions.
Ticker impact
Thomson Reuters announced a new $500 million share buyback and raised its quarterly dividend, confirming dividend coverage and cash strength.
likely upward pressure as investors anticipate higher returns and cash back to shareholders
The $500 M buyback is a fresh primary corporate action with material cash deployment, reinforcing dividend sustainability.
VeriSign increased its quarterly dividend to $0.81 and disclosed its ex‑dividend date, with a low payout ratio indicating ample cash flow.
moderate upside as dividend‑seeking buyers accumulate shares
The dividend raise is a new fact, but the scale is modest compared to larger buybacks.
OneSpan lifted its quarterly dividend to $0.13 and highlighted a low payout ratio and recent cash flow improvements.
potential modest upside, especially from dividend‑capture strategies
New dividend information provides fresh income appeal, though the company’s size limits broader market impact.
Market effects
Highlights the strength of data‑service and domain‑registry sectors for dividend‑focused investors.
U.S. market may see modest inflows into high‑yield tech stocks ahead of ex‑dividend dates.
Limited to investors tracking dividend yields; no broader macro impact.
Counterpoint
Buybacks and dividend hikes may mask underlying growth challenges; investors should assess earnings sustainability.
Key entities
- companyThomson Reuters
Data and legal information provider
- companyVeriSign
Domain registry operator
- companyOneSpan
Identity‑security firm
