{"id":400380,"date":"2020-12-15T16:08:17","date_gmt":"2020-12-15T21:08:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400380"},"modified":"2020-12-15T16:08:17","modified_gmt":"2020-12-15T21:08:17","slug":"qad-declares-quarterly-cash-dividend-of-0-072-per-class-a-share-and-0-06-per-class-b-share-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qad-declares-quarterly-cash-dividend-of-0-072-per-class-a-share-and-0-06-per-class-b-share-4\/","title":{"rendered":"QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share<\/b><\/p>\n<p>SANTA BARBARA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nQAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of enterprise business software and services for global manufacturers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.072 per share of Class A common stock and $0.06 per share of Class B common stock payable on January 7, 2021 to shareholders of record at the close of business on December 29, 2020.\n<\/p>\n<p>\nContinuing quarterly dividends are subject to the approval of QAD\u2019s Board of Directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company.\n<\/p>\n<p><b>About QAD \u2013 Enabling the Adaptive Manufacturing Enterprise<\/b><\/p>\n<p>\nQAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.\n<\/p>\n<p>\nFounded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.qad.com&amp;esheet=52349199&amp;newsitemid=20201215006017&amp;lan=en-US&amp;anchor=www.qad.com&amp;index=1&amp;md5=189c277ee927148a75cd0b2c077dffbe\">www.qad.com<\/a> or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.\n<\/p>\n<p>\n&#8220;QAD&#8221; is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.\n<\/p>\n<p>\nNote to Investors: This press release contains certain forward-looking statements made under the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company&#8217;s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company&#8217;s current expectations. Words such as &#8220;expects,&#8221; &#8220;believes,&#8221; &#8220;anticipates,&#8221; &#8220;could,&#8221; &#8220;will likely result,&#8221; &#8220;estimates,&#8221; &#8220;intends,&#8221; &#8220;may,&#8221; &#8220;projects,&#8221; &#8220;should,&#8221; &#8220;would,&#8221; &#8220;might,&#8221; &#8220;plan&#8221; and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company&#8217;s products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company&#8217;s latest Annual Report on Form 10-K and, in particular, the section entitled &#8220;Risk Factors&#8221; therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215006017r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215006017\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215006017\/en\/<\/a><\/span><\/p>\n<p>\nKara Bellamy<br \/>\n<br \/>Chief Accounting Officer<br \/>\n<br \/>805.566.6100<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor@qad.com\">investor@qad.com<\/a><\/p>\n<p>\nLaurie Berman<br \/>\n<br \/>PondelWilkinson Inc.<br \/>\n<br \/>310.279.5980<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lberman@pondel.com\">lberman@pondel.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Technology Other Manufacturing Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215006017\/en\/742057\/3\/QAD_Blue_Logo_-_Primary_Square_-_Feb_2018.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share SANTA BARBARA, Calif.&#8211;(BUSINESS WIRE)&#8211; QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of enterprise business software and services for global manufacturers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.072 per share of Class A common stock and $0.06 per share of Class B common stock payable on January 7, 2021 to shareholders of record at the close of business on December 29, 2020. Continuing quarterly dividends are subject to the approval of QAD\u2019s Board of Directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company. About QAD \u2013 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qad-declares-quarterly-cash-dividend-of-0-072-per-class-a-share-and-0-06-per-class-b-share-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400380","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qad-declares-quarterly-cash-dividend-of-0-072-per-class-a-share-and-0-06-per-class-b-share-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"QAD Declares Quarterly Cash Dividend of $0.072 Per Class A Share and $0.06 Per Class B Share SANTA BARBARA, Calif.&#8211;(BUSINESS WIRE)&#8211; QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of enterprise business software and services for global manufacturers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.072 per share of Class A common stock and $0.06 per share of Class B common stock payable on January 7, 2021 to shareholders of record at the close of business on December 29, 2020. Continuing quarterly dividends are subject to the approval of QAD\u2019s Board of Directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company. 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(Nasdaq: QADA) (Nasdaq: QADB), a leading provider of enterprise business software and services for global manufacturers, today announced that its Board of Directors has declared a quarterly cash dividend of $0.072 per share of Class A common stock and $0.06 per share of Class B common stock payable on January 7, 2021 to shareholders of record at the close of business on December 29, 2020. Continuing quarterly dividends are subject to the approval of QAD\u2019s Board of Directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company. 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