Cognizant Technology Solutions Dividends and Buybacks
Dividend criteria checks 2/6
Cognizant Technology Solutions is a dividend paying company with a current yield of 1.46% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
1.5%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 7.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | R$6.951 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CTSH34 has been paying a dividend for less than 10 years.
Growing Dividend: CTSH34's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Cognizant Technology Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTSH34) | 1.5% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (IT) | 1.9% |
| Analyst forecast (CTSH34) (up to 3 years) | 1.7% |
Notable Dividend: CTSH34's dividend (1.46%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (3.04%).
High Dividend: CTSH34's dividend (1.46%) is low compared to the top 25% of dividend payers in the BR market (9.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), CTSH34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), CTSH34's dividend payments are well covered by cash flows.