Zscaler Inc. (ZS) Dividend Analysis
This company has no dividend history.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
No dividend history found in SEC filings.
Does Zscaler (ZS) pay a dividend?
Zscaler (ZS) has never paid a dividend. The business does generate free cash flow of $852 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Zscaler (ZS) pay a dividend?+
No. Zscaler (ZS) does not pay a dividend, and no dividend payment appears anywhere in the filing history we hold.
How does Zscaler return cash to shareholders?+
It largely does not. Zscaler pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could Zscaler afford to pay a dividend?+
On the numbers, yes. Zscaler generated $852 million of free cash flow, which is about $5.32 per share. If it paid out half of that, the dividend would be roughly $2.66 per share, a yield of about 1.3% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which technology companies do pay dividends?+
Our Technology sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Zscaler.
SourceDividend analysis computed from the 10-Q filed 27 Aug 2026, covering the period ending 31 Jul 2026, as reported to the SEC. Data last refreshed 4 Sept 2026. How this is calculated.
Fiscal year ends Jul. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.