Bentley Systems, Incorporated Declares First Quarter 2023 Dividend

Bentley Systems

EXTON, PA — Bentley Systems, Incorporated (Nasdaq: BSY) announced that its Board of Directors recently increased by two cents the regular quarterly dividend effective from the first quarter of 2023 and declared a $0.05 per share dividend for the first quarter of 2023.

The cash dividend is payable on March 7, 2023, to all stockholders of record of Class A and Class B common stock as of the close of business on February 21, 2023.

CFO Werner Andre said, “Our increased dividend reflects our strong cash flow generation and commitment to broadly balanced capital allocation between acquisitions, dividends, repurchase of stock and convertible debt to offset dilution from stock-based compensation, and deleveraging.”

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