Abacus Global Management, Inc. (NASDAQ: ABL) has announced the timing of its inaugural annual cash dividend to shareholders. The company's board of directors has declared an annual cash dividend of $0.20 per share, payable on December 17, 2025, to shareholders of record as of December 2, 2025. This date will also serve as the ex-dividend date.
This move is in line with the company's capital allocation framework, where Abacus intends to distribute an annual dividend of up to 25% of adjusted net income or up to 55% of recurring revenue. Jay Jackson, Chairman and CEO, stated, "Introducing an annual dividend is a significant milestone for Abacus and reflects our confidence in the strength and sustainability of our business."
The company expects to fund the dividend through cash on hand and free cash flow, supported by record cash generation, growing fee-based revenues, and expanding margins. Jackson also highlighted that this step reinforces their disciplined capital allocation strategy, balancing investment in origination growth, technology, and acquisitions with returning capital to shareholders.
The market has reacted to these announcements by moving the company's shares 5.95% to a price of $6.23. For more information, read the company's full 8-K submission here.
