Simulations Plus (SLP) has disclosed a new risk, in the Accounting & Financial Operations category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Simulations Plus has made a strategic decision to discontinue its quarterly dividends on common stock, redirecting those funds towards further business investments. This move indicates that the company is focusing on long-term growth rather than immediate shareholder returns. Consequently, investors may find themselves dependent on potential stock price appreciation to realize any returns, which inherently carries uncertainty. The absence of foreseeable dividend payments could affect shareholder sentiment and influence stock market performance.
Overall, Wall Street has a Strong Buy consensus rating on SLP stock based on 3 Buys and 1 Hold.
To learn more about Simulations Plus’ risk factors, click here.