Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Bentley Systems, Incorporated is a global provider of infrastructure engineering software, serving professionals involved in the design, construction, and operation of physical infrastructure assets. The company operates within the engineering and construction software and infrastructure lifecycle management industries, with solutions used across transportation, water and wastewater, energy, buildings, and industrial facilities. Bentley’s offerings support the full asset lifecycle, from planning and design through construction and long-term operations.
The company’s primary revenue drivers are subscription-based software licenses and related services for its integrated design, analysis, construction, and digital twin solutions, including MicroStation, OpenRoads, OpenBuildings, OpenFlows, and ProjectWise. Bentley is positioned as a specialist in complex, large-scale infrastructure projects, differentiating itself through deep domain expertise and long-term asset performance focus. Founded in 1984 by the Bentley brothers, the company transitioned from perpetual licenses to a subscription and services-based model and completed its initial public offering in 2020.
Business Operations
Bentley Systems generates revenue primarily through its Subscriptions and Services business segments, with subscriptions accounting for the majority of total revenue. The subscription segment includes access to Bentley’s design, modeling, simulation, and digital twin software platforms, while the services segment encompasses implementation, training, consulting, and asset performance services tied to infrastructure owners and operators.
The company operates globally, with a strong presence in both North America and Europe, and expanding operations in Asia-Pacific, the Middle East, and Latin America. Bentley controls proprietary engineering software platforms and cloud-based digital twin technologies, including iTwin, which enables integration of engineering data across the asset lifecycle. Its operations include wholly owned subsidiaries such as Bentley Systems Europe B.V. and Bentley Systems Ireland Limited, supporting regional sales, development, and customer services.
Strategic Position & Investments
Bentley’s strategic direction emphasizes long-term growth through infrastructure digitalization, increased adoption of digital twins, and deeper engagement with infrastructure owners rather than project-only users. The company has focused on expanding recurring revenue, enhancing cloud-enabled collaboration, and embedding analytics and automation into infrastructure workflows.
Strategic investments and acquisitions have targeted asset performance management and construction analytics capabilities, including acquisitions such as Seequent, Power Line Systems, and Blyncsy, which extend Bentley’s portfolio into geotechnical modeling, utility infrastructure analysis, and AI-driven roadway asset analytics. Bentley is also active in emerging sectors such as smart infrastructure, sustainability-focused design, and data-driven infrastructure operations.
Geographic Footprint
Bentley Systems is headquartered in Exton, Pennsylvania (United States) and maintains significant operations across Europe, Asia-Pacific, the Middle East, Africa, and Latin America. The company serves customers in more than 180 countries, reflecting its strong international orientation and reliance on global infrastructure spending.
Its international footprint includes major offices and development centers in Ireland, the United Kingdom, Germany, India, China, and Australia, supporting both regional market needs and global product development. Bentley’s software is widely used in national infrastructure programs and by public-sector agencies and private engineering firms worldwide.
Leadership & Governance
Bentley Systems was founded by Keith Bentley, Barry Bentley, Ray Bentley, and Scott Bentley, who established the company with a focus on engineering-centric software development. The current leadership emphasizes long-term value creation, founder-led governance, and sustained investment in research and development aligned with infrastructure longevity.
Key executives include:
- Greg Bentley – Chief Executive Officer
- Keith Bentley – Chief Technology Officer
- Werner André – Chief Financial Officer
- Nicholas Cumins – Chief Operating Officer
The leadership team promotes a strategy centered on infrastructure resilience, digital continuity, and supporting engineers and asset owners throughout decades-long asset lifecycles.