Simulations Plus Announces Cash Dividend

Rhea-AI Summary

Simulations Plus, Inc. has declared a quarterly cash dividend of $0.06 per share on its common stock. This dividend will be paid on November 1, 2021, to shareholders recorded as of October 25, 2021. Future dividends will be assessed quarterly based on earnings, financial condition, and capital requirements. Simulations Plus has been a leader in modeling and simulation software for drug discovery and development for 25 years, serving various industries globally.

Positive

• Quarterly dividend of $0.06 declared, indicating company profitability.
• Dividends showcase confidence in future earnings and financial stability.

Negative

• None.

Board of Directors announces quarterly dividend of $0.06 per share

LANCASTER, Calif.--(BUSINESS WIRE)-- Simulations Plus, Inc. (Nasdaq: SLP) announced today that the Company’s Board of Directors has declared a cash dividend of $0.06 per share of the Company’s common stock, payable on November 1, 2021, to shareholders of record as of October 25, 2021. The declaration of any future dividends will be determined by the Board of Directors each quarter and will depend on earnings, financial condition, capital requirements, and other factors.

About Simulations Plus, Inc.

Serving clients worldwide for 25 years, Simulations Plus, Inc. is a leading provider of modeling and simulation software and consulting services supporting drug discovery, development research, and regulatory submissions. We offer solutions which bridge machine learning, physiologically based pharmacokinetics, quantitative systems pharmacology/toxicology, and population PK/PD modeling approaches. Our technology is licensed and applied by major pharmaceutical, biotechnology, chemical, consumer goods companies and regulatory agencies worldwide. For more information, visit our website at www.simulations-plus.com. Follow us on Twitter | Read our Environmental, Social, and Governance (ESG) Report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211013005362/en/

Simulations Plus Investor Relations

Ms. Renee Bouche

661-723-7723

renee@simulations-plus.com

Hayden IR

Mr. Brian Siegel

346-396-8696

brian@haydenir.com

Source: Simulations Plus, Inc.

FAQ

What is the amount of the dividend declared by Simulations Plus (SLP)?

The dividend declared by Simulations Plus is $0.06 per share.

When will the dividend for Simulations Plus (SLP) be paid?

The dividend will be paid on November 1, 2021.

What is the record date for the Simulations Plus (SLP) dividend?

The record date for the dividend is October 25, 2021.

How often does Simulations Plus (SLP) declare dividends?

Dividends are declared quarterly, depending on financial performance and other factors.

What factors determine the future dividends of Simulations Plus (SLP)?

Future dividends will depend on earnings, financial condition, and capital requirements.