The Altium Limited (ASX:ALU) share price has continued to gain ground in the days after the design software company reported FY22 results that smashed expectations.
For the 12 months ended 30 June, Altium reported a 23% increase in revenue to US$220.8 million and an earnings before interest, tax, depreciation and amortisation (EBITDA) margin of 36.7%.
Altium declared a fully franked final dividend of 26 cents per share, taking total FY22 dividends to 47 cents per share, an increase of 18% compared to FY21.
The Altium final dividend will be paid to eligible shareholders on 27th September 2022. Altium shares go ex-dividend on 5th September 2022.
Based on the Altium share price of around $37, the stock trades at 88 times earnings and on a fully franked dividend yield of 1.27%.
Over the past 12 months, Altium shares have gained almost 3%, compared to a fall of 7.6% in the ASX 200 Index.
