Simulations Plus Has Determined To Discontinue Its Quarterly Cash Dividend And Reallocate These Funds To Its Capital Allocation Strategy For Investing In Growth Initiatives
Quarterly Dividend
The Simulations Plus Board of Directors has determined to discontinue the Company's quarterly cash dividend and reallocate these funds to our capital allocation strategy for investing in growth initiatives that are intended to generate long-term shareholder value. The final dividend of $0.06 per share of the Company's common stock will be paid on August 5, 2024, to shareholders of record as of July 29, 2024.