Simulations Plus dividend – Simulations Plus Declares Quarterly Dividend of $0.06 Per Share
January 6, 2023
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Simulations Plus ($NASDAQ:SLP) Inc. is an American publicly-traded software company that specializes in providing drug discovery and development software solutions to the pharmaceutical, biotechnology, and medical device industries. It is listed on NASDAQ under the ticker symbol SLP. Simulations Plus Inc. has just announced that it will declare a quarterly dividend of $0.06 per share, in keeping with past distributions. This dividend will be paid on February 6th to shareholders of record on January 30th, with the ex-dividend date set for January 27th. Furthermore, the company is making its dividend scorecard, yield chart, and dividend growth information available to investors who may be interested in its dividend policies.
The dividend payout should provide some additional yield to investors who already hold shares of Simulations Plus Inc., and is a testament to the company’s commitment to returning value to its shareholders. The dividend scorecard, yield chart, and dividend growth information are all available on the company’s website and can be used by investors to assess the sustainability of Simulations Plus Inc.’s dividend payments. The company’s dividend policies have been consistently rewarding shareholders and should continue to do so in the future. This latest dividend payment is another example of Simulations Plus Inc.’s commitment to delivering value to its shareholders.
Dividends – Simulations Plus dividend
This is the fourth dividend issued since the start of FY2022, and follows dividends of 0.24 USD and 0.24 USD issued in the last two years. The dividend yields from 2022 to 2022 were 0.51%, 0.51%, and 0.51%, making the three-year average dividend yield 0.51%. The company’s software and services are used by pharmaceutical companies to identify, develop, and optimize drug candidates from early development through post-marketing approval.
The services also enable companies to reduce development time, costs, and risks associated with drug development, while ensuring compliance with regulatory requirements. The company’s strong financial performance over the last several years has enabled it to consistently pay dividends each quarter, demonstrating their confidence in their ability to continue providing value to shareholders in the future.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Simulations Plus. More…
| Total Revenues | Net Income | Net Margin |
| 53.45 | 10.7 | 20.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Simulations Plus. More…
| Operations | Investing | Financing |
| 17.9 | 4.3 | -7.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Simulations Plus. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 190.46 | 10.34 | 8.87 |
Key Ratios Snapshot
Some of the financial key ratios for Simulations Plus are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.3% | 2.1% | 22.8% |
| FCF Margin | ROE | ROA |
| 26.1% | 4.3% | 4.0% |
Market Price
The news of the dividend declaration comes at a time when news coverage of SIMULATIONS PLUS has been mostly negative. Nevertheless, the stock market responded positively to the announcement and the stock opened at $37.0 and closed at $37.6, up 1.1% from its prior closing price of 37.2. The dividend declaration is a sign of confidence from SIMULATIONS PLUS that its business is stable and growing despite the negative news coverage. It also signals to investors that the company is still profitable and has enough cash to pay dividends. The dividend was declared in accordance with the company’s dividend policy which states that the dividend may vary depending on the company’s financial performance and other factors, including market conditions.
This means that in future quarters, the dividend may be higher or lower than $0.06 per share depending on SIMULATIONS PLUS performance and other factors. The company also announced that it will continue to review its dividend policy from time to time and may adjust it as necessary. This means that investors should stay updated with any news from SIMULATIONS PLUS about its dividend policy going forward. It is a sign that the company is still profitable and has enough cash reserves to continue paying dividends in future quarters. Live Quote…
VI Analysis
SIMULATIONS PLUS is an attractive investment opportunity for many types of investors due to its strong fundamentals. According to the VI Star Chart, it is classified as a ‘gorilla’, a company that has achieved stable and high revenue or earnings growth due to its competitive advantage. This company has exceptional asset, dividend, growth, and profitability. It also has a high health score of 10/10, indicating that it can safely ride out any crisis without the risk of bankruptcy. The company’s fundamentals reflect its long-term potential and make it an attractive investment opportunity for both conservative and aggressive investors. Conservative investors may be drawn to SIMULATIONS PLUS due to its strong asset base and dividend payout, while aggressive investors may be attracted by its growth potential and profitability. SIMULATIONS PLUS is well-positioned to benefit from its competitive advantages and continue to generate strong returns in the long-term. Its fundamentals make it a safe and secure investment for those looking for a long-term commitment. Investors looking for short-term gains may also benefit from the company’s ability to quickly adjust to changing market conditions. Overall, SIMULATIONS PLUS is an attractive investment for a variety of investors due to its strong fundamentals and long-term potential. Its ability to safely ride out any crisis, coupled with its competitive advantages, make it an ideal investment for those looking for a secure and profitable return on their investment. More…
VI Peers
The company was founded in 1986 and is headquartered in Lancaster, California. Simulations Plus Inc has three main competitors: Schrodinger Inc, Intercare DX Inc, and KDA Group Inc.
– Schrodinger Inc ($NASDAQ:SDGR)
Schrodinger Inc is a publicly traded company with a market capitalization of 1.52 billion as of 2022. The company has a return on equity of -15.16%. Schrodinger is a technology and software company that focuses on improving scientific discoveries through advanced computing. The company was founded in 1990 and is headquartered in New York City.
– Intercare DX Inc ($OTCPK:ICCO)
KDA Group Inc is a provider of engineering, construction and project management services. The company has a market cap of 14.81M as of 2022 and a Return on Equity of -120.56%. KDA Group Inc provides services to a range of industries including healthcare, education, commercial and institutional. The company has a strong focus on quality and safety and is committed to providing a high level of customer service.
Summary
Simulations Plus Inc. (SIMU) has recently declared a quarterly dividend of $0.06 per share, giving investors a chance to increase their return on investment. This dividend is the latest in a series of positive developments for SIMU, which have included strong revenue growth and an expanding range of products. Many analysts have applauded the company for its prudent financial management, which has enabled it to remain profitable even in difficult economic times. Investors looking for a safe, reliable investment opportunity should certainly consider investing in SIMU, as it is well positioned for future growth.
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