Altium Limited (ALU) to Issue Interim Dividend of $0.16
Altium Limited (ASX:ALU) declared a interim dividend on Tuesday, February 19th, MarketIndexAU reports. Shareholders of record on Wednesday, March 27th will be paid a dividend of 0.16 per share on Wednesday, March 27th. This represents a yield of 0.49%. The ex-dividend date is Friday, March 1st.
ASX ALU traded up A$5.49 ($3.89) on Tuesday, reaching A$32.56 ($23.09). 1,970,715 shares of the company’s stock traded hands, compared to its average volume of 866,771. Altium has a 12 month low of A$7.26 ($5.15) and a 12 month high of A$22.33 ($15.84). The stock has a market capitalization of $4.25 billion and a P/E ratio of 113.06.
In other news, insider Sergiy Kostynsky 250,000 shares of Altium stock in a transaction dated Monday, November 26th. Also, insider Lynn Mickleburgh purchased 6,800 shares of the stock in a transaction dated Friday, December 28th. The stock was bought at an average cost of A$14.74 ($10.45) per share, with a total value of A$100,232.00 ($71,086.52).
Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through Board and Systems, Electronic System Solutions, and Cloud Applications segments. The company offers printed circuit board (PCB) design software products, including Altium Designer, a PCB design tool; CircuitStudio, a professional PCB design tool; CircuitMaker, a community based PCB design tool for makers, hobbyists, and DIYers community; and NEXUS, an agile PCB design for teams, as well as embedded products, such as TASKING tools for embedded software development.
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