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Bentley Systems, Incorporated Declares Fourth Quarter 2020 Dividend

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Bentley Systems (Nasdaq: BSY) has announced a dividend of $0.03 per share for Q4 2020, payable on December 22, 2020, to stockholders of record as of December 7, 2020. This dividend signifies the company's commitment to returning value to shareholders amidst its robust annual revenue exceeding $700 million. Bentley Systems, a leader in infrastructure engineering software, operates globally with over 4,000 employees, providing innovative solutions for various infrastructure projects.

Positive
  • Declared a dividend of $0.03 per share for Q4 2020, indicating shareholder value.
  • Annual revenues exceed $700 million, showcasing strong financial health.
Negative
  • Future dividend payments depend on macroeconomic conditions and other risks.

EXTON, Pa.--()--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.03 per share dividend for the fourth quarter of 2020. The cash dividend is payable on December 22, 2020 to all stockholders of record of Class A and Class B common stock as of the close of business on December 7, 2020.

About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $700 million in 172 countries.

This press release contains statements that are not historical in nature and that are intended to be, and are hereby identified as, "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including a statement regarding expectations as to payment of a quarterly cash dividend in the foreseeable future. Any future determination as to payment of dividends will depend upon the financial condition and results of operations of the company and such other factors as are deemed relevant by the board of directors. For example, macroeconomic conditions, pandemic consequences, a change in business needs including working capital, or a change in income tax law relating to dividends, could cause the company to decide not to pay a dividend in the future. A discussion of other risks and uncertainties is included in the company's filings with the SEC, including final prospectus filed with the Securities and Exchange Commission on September 24, 2020, and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020.

www.bentley.com.

Contacts

Press Release
Investor:
Ankit Hira or Ed Yuen
Solebury Trout for Bentley Systems
ir@bentley.com
1-610-458-2777

Media:
Carey Mann
carey.mann@bentley.com
1-610-458-3170

FAQ

What is the dividend amount for BSY in Q4 2020?

Bentley Systems declared a dividend of $0.03 per share for Q4 2020.

When will the dividend for BSY be paid?

The dividend will be paid on December 22, 2020.

What is the record date for the BSY dividend?

The record date for the dividend is December 7, 2020.

How does BSY's dividend policy impact shareholders?

The dividend policy reflects the company's commitment to returning value, although future payments depend on multiple factors.

How much revenue does BSY generate annually?

Bentley Systems generates over $700 million in annual revenues.

Bentley Systems, Incorporated Class B

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