Simulations Plus, Inc. SLP, a leading provider of simulation and
modeling software for pharmaceutical discovery and development, today
announced that its board of directors has decided to accelerate a portion of
the expected dividend payments for 2013, in light of uncertainty surrounding
taxes on dividends.
The Board of Directors declared its next ongoing quarterly cash dividend of
$0.05 per share. In addition, the Board of Directors decided to pay a $0.03
per share portion of the intended $0.05 per share dividend for the following
three quarters to its shareholders. This accelerated payment will be
distributed on Friday, December 28, 2012, for shareholders of record as of
Monday, December 24, 2012.
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