American Software, Inc. (NASDAQ: AMSWA) recently announced that its Board of Directors has declared a quarterly dividend of $.11 per share for its Class A and Class B shareholders. The dividend will be payable to shareholders of record as of February 2, 2024, with the payment scheduled for around February 16, 2024.
American Software is an Atlanta-based company that offers an AI-powered platform called the Logility Digital Supply Chain Platform. This platform helps businesses transform their digital supply chains, covering various aspects such as product, demand, inventory, supply, sourcing, and more. The company’s solutions are sold through a direct sales team and a global value-added reseller distribution network.
The Logility portfolio, powered by advanced analytics and AI algorithms, enables businesses to automate critical processes and make data-driven decisions. It includes features like supply chain visibility, demand planning, inventory optimization, sales and operations planning, manufacturing planning, and more. The comprehensive platform caters to industries like packaging, retail, manufacturing, and automotive.
The declaration of the dividend reflects American Software’s commitment to rewarding its shareholders. By distributing a dividend, the company aims to provide a return on investment to its shareholders. Moreover, the dividend payment reinforces the confidence of the company’s Board of Directors in its financial strength and future prospects.
American Software operates in a dynamic and uncertain business environment, both nationally and globally. Factors such as economic conditions, market competition, customer acceptance, technological complexities, and regulatory compliance can impact the company’s performance. However, the company is focused on addressing these challenges and seizing opportunities in the digital supply chain industry.
For more information about American Software and its offerings, interested individuals can visit the company’s website or contact the provided contact person. American Software is dedicated to delivering innovative solutions that empower businesses to optimize their supply chains and drive better outcomes.
Disclaimer: This article is for informational purposes only. This is not a recommendation to buy or sell securities or engage in any investment activity. Please conduct thorough research and consult with a professional investment advisor before making any investment decisions.
