EXTON, Pa .– (BUSINESS WIREInfrastructure technology software company Bentley Systems, Incorporated (Nasdaq: BSY) announced today that its board of directors has approved a dividend of $ 0.03 per share for the first quarter of 2021. The cash dividend is payable on March 24, 2021 to all shareholders of Class A and B common shares registered as of the close of business on March 10, 2021.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We offer innovative software for the further development of the global infrastructure – to preserve the global economy and the environment. Our industry-leading software solutions are used by professionals and organizations of all sizes for the design, construction and operation of roads and bridges, rail and transit, water and sewage, public works and utilities, buildings and sites, and industrial plants. Our offering includes MicroStation-based applications for modeling and simulation, ProjectWise for project execution, AssetWise for the performance of assets and networks, and the iTwin platform for digital twins in the infrastructure. Bentley Systems has more than 4,000 employees and annual sales of more than $ 800 million in 172 countries. www.bentley.com
This press release contains statements that are not historical in nature and that are intended to be referred to as "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including a statement of expectations regarding the payment of a quarterly cash dividend in the foreseeable future. Any future decision to pay dividends will depend on the company's financial and earnings position, as well as other factors that the Directors deem relevant. For example, macroeconomic conditions, pandemic consequences, a change in business needs including working capital, or a change in income tax law related to dividends could lead the company to decide not to pay dividends in the future. A discussion of other risks and uncertainties is contained in the company's filings with the SEC, including the final prospectus filed with the Securities and Exchange Commission on September 24, 2020 and the Quarterly Report on Form 10-Q for the quarter ended September 30 . 2020.
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, E7, iTwin, MicroStation, ProjectWise, and SYNCHRO are registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly-owned subsidiaries. All other brand and product names are trademarks of their respective owners.