Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Board and Systems; and Nexar. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium NEXUS, CircuitStudio, and CircuitMaker. It also provides Altium 365 cloud platform; Altium Concord Pro, a solution for library management; and Octopart, search engine for electronic parts. The company serves automotive, military/aerospace, bioscience and medical, communication, contract engineering, consumer electronics, education, entertainment, and industrial systems industries. Altium Limited was founded in 1985 and is headquartered in La Jolla, California.
Altium Dividend Announcement
• Altium announced a semi annually dividend of A$0.30 per ordinary share which will be made payable on . Ex dividend date: 2024-03-04
• Altium annual dividend for 2024 was A$0.30
• Altium annual dividend for 2023 was A$0.54
• Altium's trailing twelve-month (TTM) dividend yield is 0.68%
• Altium's payout ratio for the trailing twelve months (TTM) is 79.02%
• Altium's dividend growth over the last five years (2018-2023) was 14.87% year
• Altium's dividend growth over the last ten years (2013-2023) was 17.25% year
Altium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-04 | A$0.30 | semi annually | |
2023-09-04 | A$0.29 | semi annually | 2023-09-26 |
2023-03-06 | A$0.25 | semi annually | 2023-03-21 |
2022-09-05 | A$0.26 | semi annually | 2022-09-27 |
2022-03-07 | A$0.21 | semi annually | 2022-03-22 |
2021-09-06 | A$0.21 | semi annually | 2021-09-28 |
2021-03-01 | A$0.19 | semi annually | 2021-03-23 |
2020-09-03 | A$0.19 | semi annually | 2020-09-24 |
2020-02-28 | A$0.20 | semi annually | 2020-03-25 |
2019-09-03 | A$0.18 | semi annually | 2019-09-25 |
2019-03-01 | A$0.16 | semi annually | 2019-03-27 |
2018-09-03 | A$0.14 | semi annually | 2018-09-25 |
2018-03-02 | A$0.13 | semi annually | 2018-03-28 |
2017-09-01 | A$0.12 | semi annually | 2017-10-02 |
2017-03-13 | A$0.11 | semi annually | 2017-04-04 |
2016-09-22 | A$0.10 | semi annually | 2016-10-17 |
2016-03-15 | A$0.10 | semi annually | 2016-04-06 |
2015-09-23 | A$0.08 | semi annually | 2015-10-16 |
2015-03-23 | A$0.08 | semi annually | 2015-04-15 |
2014-09-30 | A$0.08 | semi annually | 2014-10-23 |
2014-03-19 | A$0.04 | semi annually | 2014-04-15 |
2013-09-30 | A$0.08 | semi annually | 2013-10-28 |
2013-03-25 | A$0.03 | semi annually | 2013-04-22 |
Altium Dividend per year
Altium Dividend growth
Altium Dividend Yield
Altium current trailing twelve-month (TTM) dividend yield is 0.68%. Interested in purchasing Altium stock? Use our calculator to estimate your expected dividend yield:
Altium Financial Ratios
Altium Dividend FAQ
Other factors to consider when evaluating Altium 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: Altium'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, Altium 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, Altium 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 Altium 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: Altium 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, Altium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Altium 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 Altium'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 Altium'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.