Bentley Techniques, Integrated Declares First Quarter 2023 Dividend

EXTON, Pa., January 25, 2023–(BUSINESS WIRE)–Bentley Techniques, Integrated (Nasdaq: BSY), the infrastructure engineering software program firm, right this moment introduced that its Board of Administrators elevated by two cents the common quarterly dividend efficient from the primary quarter of 2023 and declared a $0.05 per share dividend for the primary quarter of 2023. The money dividend is payable on March 7, 2023 to all stockholders of file of Class A and Class B widespread inventory as of the shut of enterprise on February 21, 2023.

CFO Werner Andre stated, “Our elevated dividend displays our robust money movement era and dedication to broadly balanced capital allocation between acquisitions, dividends, repurchase of inventory and convertible debt to offset dilution from stock-based compensation, and deleveraging.”


About Bentley Techniques

Bentley Techniques (Nasdaq: BSY) is the infrastructure engineering software program firm. We offer modern software program to advance the world’s infrastructure – sustaining each the worldwide economic system and atmosphere. Our industry-leading software program options are utilized by professionals, and organizations of each measurement, for the design, development, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial amenities. Our choices embody MicroStation-based functions for modeling and simulation, ProjectWise for venture supply, AssetWise for asset and community efficiency, Seequent’s main geoprofessional software program portfolio, and the iTwin Platform for infrastructure digital twins. Bentley Techniques employs greater than 4,500 colleagues and generates annual revenues of roughly $1 billion in 186 international locations.

This press launch accommodates statements that aren’t historic in nature and which are meant to be, and are hereby recognized as, “ahead trying statements” as outlined within the Personal Securities Litigation Reform Act of 1995, together with an announcement concerning expectations as to fee of a quarterly money dividend within the foreseeable future. Any future dedication as to fee of dividends will rely upon the monetary situation and outcomes of operations of the corporate and such different components as are deemed related by the board of administrators. For instance, macroeconomic situations, pandemic penalties, a change in enterprise wants together with working capital, or a change in earnings tax legislation referring to dividends, may trigger the corporate to determine to not pay a dividend sooner or later. A dialogue of different dangers and uncertainties is included within the firm’s filings with the SEC, together with its Annual Report on Kind 10-Ok for the yr ended December 31, 2022, and subsequent filings.

© 2023 Bentley Techniques, Integrated. Bentley, the Bentley emblem, AssetWise, iTwin, MicroStation, ProjectWise, and Seequent are both registered or unregistered logos or service marks of Bentley Techniques, Integrated or one in every of its direct or oblique wholly owned subsidiaries. All different manufacturers and product names are logos of their respective house owners.

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BSY Investor Contact:
Eric Boyer
Investor Relations Officer
[email protected]

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