Altium Limited (ASX:ALU) Plans Interim Dividend of $0.20

Altium Limited (ASX:ALU) declared a interim dividend on Tuesday, February 18th, MarketIndexAU reports. Shareholders of record on Wednesday, March 25th will be given a dividend of 0.20 per share on Wednesday, March 25th. This represents a dividend yield of 0.51%. The ex-dividend date is Friday, February 28th. This is a positive change from Altium’s previous interim dividend of $0.16.

ASX ALU opened at A$31.14 ($22.09) on Thursday. The stock has a 50-day simple moving average of A$38.48 and a two-hundred day simple moving average of A$35.41. The firm has a market capitalization of $4.08 billion and a P/E ratio of 77.08. Altium has a fifty-two week low of A$26.97 ($19.13) and a fifty-two week high of A$42.37 ($30.05). The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.77 and a current ratio of 1.82.

About Altium

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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