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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 dateDividend amountDividend typePay date
2024-08-16$0.00semi annually
2024-02-15$0.53semi 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

P/E ratio-1539.39
PEG ratio-42.08
P/B ratio1.17
ROE-0.08%
Payout ratio0.00%
Current ratio2.60
Quick ratio2.60
Cash Ratio0.70

Aspen Technology Dividend FAQ

Does Aspen Technology stock pay dividends?
Aspen Technology does not currently pay dividends to its shareholders.
Has Aspen Technology ever paid a dividend?
No, Aspen Technology has no a history of paying dividends to its shareholders. Aspen Technology is not known for its dividend payments.
Why doesn't Aspen Technology pay dividends?
There are several potential reasons why Aspen Technology would choose not to pay dividends to their shareholders:

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.
Will Aspen Technology ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Aspen Technology has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Aspen Technology a dividend aristocrat?
Aspen Technology is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Aspen Technology a dividend king?
Aspen Technology is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Aspen Technology a dividend stock?
No, Aspen Technology is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Aspen Technology stocks?
To buy Aspen Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Aspen Technology stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.