Cadence Design Systems's Dividends per Share for the
three
months ended in Dec. 2023 was $0.00.
The historical rank and industry rank for Cadence Design Systems's 3-Year Dividend Growth Rate or its related term are showing as below:
CDNS's 3-Year Dividend Growth Rate is not ranked *
in the Software industry.
Industry Median: 14.2 * Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Cadence Design Systems's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.00. As of today, Cadence Design Systems's Dividend Yield % is 0.00%.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Software - Application subindustry, Cadence Design Systems's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cadence Design Systems 3-Year Dividend Growth Rate Distribution
For the Software industry and Technology sector, Cadence Design Systems's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Cadence Design Systems's 3-Year Dividend Growth Rate falls into.
Cadence Design Systems 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Cadence Design Systems (NAS:CDNS) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Cadence Design Systems's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cadence Design Systems 3-Year Dividend Growth Rate Related Terms>
Cadence Design Systems (Cadence Design Systems) Business Description
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
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