As of today (2024-05-20), the Trailing Annual Dividend Yield of Cadence Design Systems is 0.00%.
The historical rank and industry rank for Cadence Design Systems's Dividend Yield % or its related term are showing as below:
CDNS's Dividend Yield % is not ranked *
in the Software industry.
Industry Median: 1.67 * Ranked among companies with meaningful Dividend Yield % only.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Cadence Design Systems Dividend Yield % Historical Data
The historical data trend for Cadence Design Systems's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Cadence Design Systems's Dividend Yield %
For the Software - Application subindustry, Cadence Design Systems's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, Cadence Design Systems's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Cadence Design Systems's Dividend Yield % falls into.
Cadence Design Systems Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Cadence Design Systems (NAS:CDNS) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Cadence Design Systems Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Cadence Design Systems's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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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