Synopsys Declares $0.50 Quarterly Dividend
Ticker: SNPS · Form: 8-K · Filed: 2024-04-12T00:00:00.000Z
Sentiment: neutral
Topics: dividend, shareholder-return
Related Tickers: SNPS
TL;DR
SNPS declared a $0.50/share dividend, payable May 24th. Good sign for shareholders.
AI Summary
Synopsys Inc. announced on April 10, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.50 per share, payable on May 24, 2024, to shareholders of record as of May 3, 2024. This action reflects the company's ongoing commitment to returning value to its shareholders.
Why It Matters
This dividend declaration indicates Synopsys's financial health and its confidence in future earnings, potentially signaling stability for investors.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $0.50 — Quarterly Dividend Per Share (Amount declared by the Board of Directors)
- May 24, 2024 — Dividend Payment Date (Date shareholders will receive the dividend)
- May 3, 2024 — Record Date (Date to be a shareholder of record to receive dividend)
Key Players & Entities
- Synopsys Inc. (company) — Registrant
- April 10, 2024 (date) — Date of Report
- $0.50 (dollar_amount) — Quarterly cash dividend per share
- May 24, 2024 (date) — Payment date for dividend
- May 3, 2024 (date) — Record date for dividend
FAQ
What is the amount of the quarterly cash dividend declared by Synopsys Inc.?
Synopsys Inc. declared a quarterly cash dividend of $0.50 per share.
When will the declared dividend be paid to shareholders?
The dividend is payable on May 24, 2024.
What is the record date for the dividend payment?
Shareholders of record as of May 3, 2024, are entitled to receive the dividend.
Which item information is reported in this 8-K filing?
This 8-K filing reports on Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; Submission of Matters to a Vote of Security Holders; and Financial Statements and Exhibits.
What is the principal executive office address for Synopsys Inc.?
The principal executive office is located at 675 Almanor Avenue, Sunnyvale, California 94085.
Filing Stats: 1,041 words · 4 min read · ~3 pages · Grade level 11.6 · Accepted 2024-04-12 16:31:56
Key Financial Figures
- $0.01 — registered Common Stock (par value of $0.01 per share) SNPS Nasdaq Global Selec
Filing Documents
- d824566d8k.htm (8-K) — 56KB
- d824566dex101.htm (EX-10.1) — 132KB
- 0001193125-24-094764.txt ( ) — 341KB
- snps-20240410.xsd (EX-101.SCH) — 3KB
- snps-20240410_lab.xml (EX-101.LAB) — 17KB
- snps-20240410_pre.xml (EX-101.PRE) — 11KB
- d824566d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 2006 Employee Equity Incentive Plan, as amended 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. SYNOPSYS, INC. Dated: April 12, 2024 By: / S / J OHN F. R UNKEL , J R . John F. Runkel, Jr. General Counsel and Corporate Secretary