Ex-Dividend Schedule: Simulations Plus Has a Dividend Yield of 1.32%; Will Trade Ex-Dividend on July 25, 2018

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LONDON, UK / ACCESSWIRE / July 24, 2018 / Active-Investors has a free review on Simulations Plus, Inc. (NASDAQ: SLP) following the Company's announcement that it will begin trading ex-dividend on July 25, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on July 24, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on SLP:

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Dividend Declared

On July 11, 2018, Simulations Plus' Board of Directors has declared a cash dividend of $0.06 per share of its common stock payable on August 02, 2018, to shareholders of record as of July 26, 2018.

Simulations Plus indicated dividend represents a yield of 1.32%, which is higher compared to the average dividend yield of 1.08% for the Technology sector.

Dividend Insights

Simulations Plus has a dividend payout ratio of 60.0%, which indicates that the Company spends approximately $0.60 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

As per analysts' estimates, Simulations Plus is forecasted to report earnings of 0.51 per share for the next year, which is more than double compared to the Company's annualized dividend payout of $0.24 per share.

As of May 31, 2018, Simulations Plus' total cash and cash equivalents were approximately $7.22 million, as compared to $6.22 million as on August 31, 2017. The Company's consolidated cash was $9.9 million as of July 09, 2018. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for the Company

On July 18, 2018, Simulations Plus announced that it has entered into a one-year funded research collaboration with a large European consortium to further develop and validate the mechanistic Transdermal Compartmental Absorption and Transit (TCAT) model in GastroPlus.

About Simulations Plus, Inc.

Simulations Plus is a premier developer of drug discovery and development software as well as a leading provider of both preclinical and clinical pharmacometric consulting services for regulatory submissions and quantitative systems pharmacology models for drug-induced liver injury and nonalcoholic fatty liver disease. The Company is a global leader focused on improving the ways scientists use knowledge and data to predict the properties and outcomes of pharmaceutical, biotechnology, and chemical agents.

Stock Performance Snapshot

July 23, 2018 - At Monday's closing bell, Simulations Plus' stock advanced 2.75%, ending the trading session at $18.65.

Volume traded for the day: 106.72 thousand shares, which was above the 3-month average volume of 79.83 thousand shares.

Stock performance in the last three-month - up 5.67%; previous six-month period - up 14.07%; past twelve-month period - up 22.30%; and year-to-date - up 15.84%

After yesterday's close, Simulations Plus' market cap was at $313.32 million.

Price to Earnings (P/E) ratio was at 45.94.

The stock has a dividend yield of 1.29%.

The stock is part of the Technology sector, categorized under the Business Software & Services industry. This sector was up 0.4% at the end of the session.

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