LONDON, UK / ACCESSWIRE / January 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 January 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 January 24, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on SLP:
If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:
On January 16, 2018, Simulations Plus announced that its Board of Directors has declared its next ongoing quarterly cash dividend of $0.06 per share to its shareholders. The cash dividend will be distributed on February 02, 2018, to shareholders of record as of January 26, 2018.
Simulations Plus' indicated dividend represents a yield of 1.47%, which is substantially higher than the average dividend yield of 1.19% for the Technology sector. On November 01, 2017, the Company announced that its Board had voted to increase the quarterly cash dividend to shareholders from $0.05 to $0.06 per share.
Simulations Plus has a dividend payout ratio of 61.5%, which means that the Company spends approximately $0.62 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.
According to analysts' estimates, Simulations Plus is forecasted to report earnings of $0.50 per share for the next year, which is more than double compared to the Company's annualized dividend of $0.24 per share.
As of November 30, 2017, Simulations Plus' cash and cash equivalents totaled $7.05 million compared to $6.22 million as of Augusts 31, 2017, 2017. For the three months ended November 30, 2017, the Company's net cash provided by operating activities totaled $2.64 million versus $1.94 million in the year ago comparable period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.
On January 10, 2018, Simulations Plus reported financial results for its first quarter FY18 ended November 30, 2017.
During Q1 FY18, Simulations Plus' net revenues soared 30.5% to a new first quarter record $7.1 million versus $5.4 million in Q1 FY17. The Company's gross profit jumped 30.6% to $5.3 million from $4.1 million in the year ago corresponding quarter.
For Q1 FY18, Simulations Plus' income before taxes increased 27.9%, to $2.5 million from $2.0 million in Q1 FY17. The Company's diluted earnings per share increased 22.8% to $0.10 from $0.08 per share in the prior year's same quarter.
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's software is licensed to and used in the conduct of drug research by major pharmaceutical, biotechnology, chemical, and consumer goods companies and regulatory agencies worldwide. Simulations Plus was founded in 1996 and is headquartered in Lancaster, California.
Stock Performance Snapshot
January 23, 2018 - At Tuesday's closing bell, Simulations Plus' stock marginally declined 0.61%, ending the trading session at $16.25.
Volume traded for the day: 24.31 thousand shares.
Stock performance in the previous six-month period – up 3.50%; past twelve-month period – up 64.97%; and year-to-date – up 0.93%
After yesterday's close, Simulations Plus' market cap was at $273.49 million.
Price to Earnings (P/E) ratio was at 46.70.
The stock has a dividend yield of 1.48%.
The stock is part of the Technology sector, categorized under the Business Software & Services industry. This sector was up 0.6% at the end of the session.
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.