Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company's customers include universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.
Altair Engineering Dividend Announcement
• Altair Engineering announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2015-12-01. Ex dividend date: 2015-11-06
• Altair Engineering's trailing twelve-month (TTM) dividend yield is -%
Altair Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-11-06 | $0.18 | quarterly | 2015-12-01 |
2015-08-06 | $0.18 | quarterly | 2015-09-01 |
2015-05-07 | $0.18 | quarterly | 2015-06-01 |
2015-02-06 | $0.18 | quarterly | 2015-03-02 |
2014-11-06 | $0.18 | quarterly | 2014-12-01 |
2014-08-07 | $0.18 | quarterly | 2014-09-02 |
2014-05-08 | $0.15 | quarterly | 2014-06-02 |
2014-02-06 | $0.15 | quarterly | 2014-03-03 |
2013-11-07 | $0.15 | quarterly | 2013-12-02 |
2013-08-08 | $0.15 | quarterly | 2013-09-03 |
2013-05-08 | $0.10 | quarterly | 2013-06-03 |
2013-02-07 | $0.10 | quarterly | 2013-03-01 |
2012-11-08 | $0.10 | quarterly | 2012-12-03 |
2012-08-08 | $0.10 | quarterly | 2012-09-04 |
2012-05-08 | $0.08 | quarterly | 2012-06-01 |
2012-02-08 | $0.08 | quarterly | 2012-03-01 |
2011-11-08 | $0.08 | quarterly | 2011-12-01 |
2011-08-08 | $0.08 | quarterly | 2011-09-01 |
2011-05-06 | $0.06 | quarterly | 2011-06-01 |
2011-02-08 | $0.06 | quarterly | 2011-03-01 |
2010-11-08 | $0.06 | quarterly | 2010-12-01 |
2010-08-06 | $0.06 | quarterly | 2010-09-01 |
2010-05-06 | $0.05 | quarterly | 2010-06-01 |
2010-02-08 | $0.05 | quarterly | 2010-03-01 |
2009-11-06 | $0.05 | quarterly | 2009-12-01 |
2009-08-06 | $0.05 | quarterly | 2009-09-01 |
Altair Engineering Dividend per year
Altair Engineering Dividend growth
Altair Engineering Dividend Yield
Altair Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Altair Engineering stock? Use our calculator to estimate your expected dividend yield:
Altair Engineering Financial Ratios
Altair Engineering Dividend FAQ
Other factors to consider when evaluating Altair Engineering as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Altair Engineering's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Altair Engineering publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Altair Engineering distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Altair Engineering are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Altair Engineering sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Altair Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Altair Engineering declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Altair Engineering's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Altair Engineering's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.