As the day concludes, Simulations Plus SLP is preparing to distribute a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 0.60%. This payout is exclusive to investors who held the stock before the ex-dividend date on October 27, 2023.
Simulations Plus Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-27 | 4 | $0.06 | 0.6% | 2023-10-25 | 2023-10-30 | 2023-11-06 |
| 2023-07-28 | 4 | $0.06 | 0.55% | 2023-07-06 | 2023-07-31 | 2023-08-07 |
| 2023-04-21 | 4 | $0.06 | 0.57% | 2023-04-05 | 2023-04-24 | 2023-05-01 |
| 2023-01-27 | 4 | $0.06 | 0.64% | 2023-01-04 | 2023-01-30 | 2023-02-06 |
| 2022-10-28 | 4 | $0.06 | 0.52% | 2022-10-20 | 2022-10-31 | 2022-11-07 |
| 2022-07-22 | 4 | $0.06 | 0.47% | 2022-07-06 | 2022-07-25 | 2022-08-01 |
| 2022-04-22 | 4 | $0.06 | 0.5% | 2022-04-06 | 2022-04-25 | 2022-05-02 |
| 2022-01-28 | 4 | $0.06 | 0.5% | 2022-01-06 | 2022-01-31 | 2022-02-07 |
| 2021-10-22 | 4 | $0.06 | 0.63% | 2021-10-13 | 2021-10-25 | 2021-11-01 |
| 2021-07-23 | 4 | $0.06 | 0.45% | 2021-07-12 | 2021-07-26 | 2021-08-02 |
| 2021-04-23 | 4 | $0.06 | 0.38% | 2021-04-12 | 2021-04-26 | 2021-05-03 |
| 2021-01-22 | 4 | $0.06 | 0.29% | 2021-01-11 | 2021-01-25 | 2021-02-01 |
Analyzing Simulations Plus Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $0.24. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
YoY Earnings Growth For Simulations Plus
The earnings chart above shows that from 2019 to 2022, Simulations Plus has experienced an increase in their earnings from $0.48 per share to $0.61 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Simulations Plus and its implications for shareholders. Presently, the company is distributing a dividend of $0.06 per share, leading to an annualized dividend yield of 0.60%.
Despite maintaining an unchanged dividend per share from 2019 to 2022, the steady increase in earnings per share for Simulations Plus suggests a strong financial standing and positions the company to continue distributing their profits back to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Simulations Plus's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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