Altium Limited Announces Interim Dividend of $0.16 (ALU)

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.

Shares of ALU traded up A$5.49 ($3.89) during trading hours on Tuesday, hitting A$32.56 ($23.09). The company had a trading volume of 1,970,715 shares, compared to its average volume of 866,771. The firm has a market cap of $4.25 billion and a PE ratio of 113.06. Altium has a 52-week low of A$7.26 ($5.15) and a 52-week high of A$22.33 ($15.84).

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In related news, insider Sergiy Kostynsky 250,000 shares of the business’s stock in a transaction dated Monday, November 26th. Also, insider Lynn Mickleburgh acquired 6,800 shares of Altium stock in a transaction that occurred on Friday, December 28th. The shares were bought at an average price of A$14.74 ($10.45) per share, for a total transaction of A$100,232.00 ($71,086.52).

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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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