American Software’s Board Approves the Quarterly Cash Dividend
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Insights
The declaration of a quarterly dividend of $.11 per share by American Software, Inc. signifies a distribution of profits back to shareholders, which can be a positive signal of the company's financial health and stability. Dividends are often seen as a reflection of a company's confidence in its current performance and future prospects. Shareholders typically view regular dividend payments as a reliable source of income, which can increase the attractiveness of the stock as an investment.
From a financial analysis standpoint, it is important to assess the dividend yield, which is the dividend per share divided by the stock's price per share. A higher yield can make the stock more appealing to income-focused investors. However, it's also crucial to evaluate the payout ratio, which represents the proportion of earnings paid out as dividends. An unusually high payout ratio could signal that the company is prioritizing dividends over reinvestment in growth opportunities, which could impact long-term value creation.
The announcement of a dividend payment can also have implications for the stock's market performance. Dividend payments often lead to adjustments in the stock price on the ex-dividend date, which is the first day the stock trades without the right to receive the most recently declared dividend. A reduction in stock price is typically observed, reflecting the payout of cash assets. Investors and traders should be aware of this timing to understand short-term price movements.
Moreover, the consistency and growth of dividends over time are factors that market analysts monitor closely as they may indicate a company's long-term commitment to returning value to shareholders. A company that can sustain or grow its dividend payout is often perceived as more stable and less risky, which can influence investor sentiment and stock valuation.
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About American Software
Serving clients such as Big Lots, Carter’s, Destination XL, Hostess, Husqvarna Group, Jockey International, Johnson Controls, Parker Hannifin, Red Wing Shoe Company, Spanx, Dole Fresh Vegetables, Inc., and Fender Musical Instrument Co, our solutions are marketed and sold through a direct sales team as well as an independent global value-added reseller distribution network.
Logility’s planning platform leverages Generative AI, advanced AI-driven algorithms, and machine learning. Our engineered approach drives team alignment for over 650 clients in 80 countries with prioritized, value-focused outcomes. For more information about Logility, please visit www.logility.com. Logility is a wholly-owned subsidiary and operating entity of American Software, Inc. (NASDAQ: AMSWA). You can learn more about American Software at www.amsoftware.com or by calling (404) 364-7615 or email kliu@amsoftware.ocom.
Forward Looking Statements
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing
View source version on businesswire.com: https://www.businesswire.com/news/home/20240222771047/en/
Vincent C. Klinges
Chief Financial Officer
American Software, Inc.
(404) 264-5477
Source: American Software, Inc.
FAQ
What is the dividend amount declared by American Software, Inc. (AMSWA)?
When will the dividend be paid to Class A and Class B Shareholders of American Software, Inc. (AMSWA)?
What is the record date for the dividend declared by American Software, Inc. (AMSWA)?
Which stock exchange is American Software, Inc. (AMSWA) listed on?
