By Joshua Kirby

Dassault Systemes SE will propose a dividend of 21 European cents (23 U.S. cents) a share for 2022 after booking higher profit for the year.

The French I.T.-systems firm will propose the dividend at the annual meeting of shareholders in May, it said late Tuesday, with the payout set for the end of that month.

Last month, the company booked rising earnings-per-share for 2022 and guided for further revenue and earnings growth in 2023.

The proposed dividend compares with the 17 cents that Dassault Systemes paid for the previous year.

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

March 15, 2023 02:22 ET (06:22 GMT)

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