American Software's most recent quarterly dividend of $0.11 per share was on Feb 1, 2024 (ex-date). At an annualized rate of $0.44 per share, the stock yields 4.14%.
AMSWA has a dividend yield of 4.14% which is above the Technology sector and the industry average. Compared to its Technology sector average of 1.58%, American Software's dividend yield is 162% higher. Historically AMSWA's dividend yield has averaged at 2.8% in the last 5 years, which is below the current yield.
American Software has a dividend history dating as far as 1995, but lately the company has recorded 20 consecutive years of dividend payments. Our records of AMSWA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However since the stock price has gone down by 17% from a year ago, the dividend yield has increased by 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 1, 2024 | Feb 16, 2024 | Nov 20, 2023 | $0.11 | normal |
| Nov 16, 2023 | Dec 1, 2023 | Aug 23, 2023 | $0.11 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jun 1, 2023 | $0.11 | normal |
| May 2, 2023 | May 17, 2023 | Feb 22, 2023 | $0.11 | normal |
| Feb 2, 2023 | Feb 17, 2023 | Nov 16, 2022 | $0.11 | normal |
| Nov 17, 2022 | Dec 2, 2022 | Aug 18, 2022 | $0.11 | normal |
| Aug 11, 2022 | Aug 26, 2022 | May 25, 2022 | $0.11 | normal |
| May 5, 2022 | May 20, 2022 | Feb 16, 2022 | $0.11 | normal |
| Feb 3, 2022 | Feb 18, 2022 | Nov 17, 2021 | $0.11 | normal |
| Nov 18, 2021 | Dec 3, 2021 | Aug 19, 2021 | $0.11 | normal |
| Aug 12, 2021 | Aug 27, 2021 | $0.11 | normal | |
| May 6, 2021 | May 21, 2021 | Feb 17, 2021 | $0.11 | normal |
| Feb 4, 2021 | Feb 19, 2021 | Nov 18, 2020 | $0.11 | normal |
| Nov 19, 2020 | Dec 4, 2020 | Aug 20, 2020 | $0.11 | normal |
| Aug 13, 2020 | Aug 28, 2020 | May 20, 2020 | $0.11 | normal |
| May 7, 2020 | May 22, 2020 | Feb 12, 2020 | $0.11 | normal |
| Feb 6, 2020 | Feb 21, 2020 | Nov 12, 2019 | $0.11 | normal |
| Nov 21, 2019 | Dec 6, 2019 | Aug 22, 2019 | $0.11 | normal |
| Aug 15, 2019 | Aug 30, 2019 | May 29, 2019 | $0.11 | normal |
| May 9, 2019 | May 24, 2019 | Feb 13, 2019 | $0.11 | normal |
| Feb 7, 2019 | Feb 22, 2019 | Nov 15, 2018 | $0.11 | normal |
| Nov 16, 2018 | Dec 5, 2018 | Aug 23, 2018 | $0.11 | normal |
| Aug 16, 2018 | Aug 31, 2018 | May 16, 2018 | $0.11 | normal |
| May 10, 2018 | May 25, 2018 | Feb 15, 2018 | $0.11 | normal |
| Feb 8, 2018 | Feb 23, 2018 | Nov 15, 2017 | $0.11 | normal |
| Nov 9, 2017 | Dec 4, 2017 | Aug 24, 2017 | $0.11 | normal |
| Aug 9, 2017 | Aug 25, 2017 | May 11, 2017 | $0.11 | normal |
| May 10, 2017 | May 26, 2017 | Feb 14, 2017 | $0.11 | normal |
| Feb 8, 2017 | Feb 24, 2017 | Nov 15, 2016 | $0.11 | normal |
| Nov 8, 2016 | Dec 2, 2016 | Aug 18, 2016 | $0.11 | normal |
| Aug 3, 2016 | Aug 19, 2016 | May 12, 2016 | $0.11 | normal |
| May 11, 2016 | May 27, 2016 | Feb 10, 2016 | $0.1 | normal |
AMSWA has a payout ratio of 122.2% which is higher than the Technology sector and the industry average. If we compare it with the Technology sector average of 33.5%, American Software's payout ratio is 265% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AMSWA American Software Inc | 4.14% | $0.44 | 122.2% |
| IBM International Business Machines Corp | 3.66% | $6.64 | 80.6% |
| ORCL Oracle Corp | 1.39% | $1.6 | 41.1% |
| MSFT Microsoft Corp | 0.72% | $2.86 | 25.8% |
Yes, American Software has been paying dividends for the last 20 years.
AMSWA's next dividend date is May 2, 2024 (ex-date).
American Software's last regular dividend was on Feb 1, 2024 (ex-date) with the amount of $0.11 per share.
AMSWA's annualized dividend per share is $0.44.
American Software's current dividend yield is 4.14%.
American Software pays dividends quarterly.
The dividend payout ratio of American Software is 122.2%.
American Software's dividend yield is above the Technology sector average.