Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. It serves bulk chemicals, consumer packaged goods, downstream, food and beverage, metals and mining, midstream and LNG, pharmaceuticals, polymers, pulp and paper, specialty chemicals, transportation, upstream, and water and wastewater industries; power generation, transmission, and distribution industries; and engineering, procurement, and construction industries. The company was incorporated in 2021 and is headquartered in Bedford, Massachusetts.
Aspen Technology Dividend Announcement
• Aspen Technology announced a semi annually dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-08-16
• Aspen Technology annual dividend for 2024 was $0.53
• Aspen Technology's trailing twelve-month (TTM) dividend yield is 0.22%
Aspen Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | $0.00 | semi annually | |
2024-02-15 | $0.53 | semi annually |
Aspen Technology Dividend per year
Aspen Technology Dividend Yield
Aspen Technology current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing Aspen Technology stock? Use our calculator to estimate your expected dividend yield:
Aspen Technology Financial Ratios
Aspen Technology Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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