Converge Technology Solutions Dividends and Buybacks
Dividend criteria checks 1/6
Converge Technology Solutions is a dividend paying company with a current yield of 1.67%.
Key information
1.7%
Dividend yield
8.1%
Buyback Yield
| Total Shareholder Yield | 9.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.060 |
| Payout ratio | -6% |
Recent dividend and buyback updates
Converge Technology Solutions (TSE:CTS) Has Announced A Dividend Of CA$0.015
Dec 02
Converge Technology Solutions' (TSE:CTS) Dividend Will Be CA$0.015
Nov 15Recent updates
Converge Technology Solutions (TSE:CTS) Has A Somewhat Strained Balance Sheet
Jan 05Converge Technology Solutions (TSE:CTS) Has Announced A Dividend Of CA$0.015
Dec 02Some Converge Technology Solutions Corp. (TSE:CTS) Shareholders Look For Exit As Shares Take 25% Pounding
Nov 16Converge Technology Solutions' (TSE:CTS) Dividend Will Be CA$0.015
Nov 15Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
Sep 04Pinning Down Converge Technology Solutions Corp.'s (TSE:CTS) P/S Is Difficult Right Now
Jun 21We Think Converge Technology Solutions (TSE:CTS) Is Taking Some Risk With Its Debt
May 23Is Converge Technology Solutions Corp. (TSE:CTS) Trading At A 49% Discount?
May 02Capital Allocation Trends At Converge Technology Solutions (TSE:CTS) Aren't Ideal
Apr 11Converge Technology Solutions Corp. (TSE:CTS) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 16Converge Technology Solutions Corp.'s (TSE:CTS) Share Price Is Matching Sentiment Around Its Revenues
Jan 31Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
Nov 08Some Investors May Be Worried About Converge Technology Solutions' (TSE:CTS) Returns On Capital
Oct 18Should You Investigate Converge Technology Solutions Corp. (TSE:CTS) At CA$2.59?
Aug 11Here's What's Concerning About Converge Technology Solutions' (TSE:CTS) Returns On Capital
May 31Is There Now An Opportunity In Converge Technology Solutions Corp. (TSE:CTS)?
May 11We Like These Underlying Return On Capital Trends At Converge Technology Solutions (TSE:CTS)
Feb 11Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?
Jan 20Is Now The Time To Look At Buying Converge Technology Solutions Corp. (TSE:CTS)?
Jan 04Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Nov 29Converge Technology Solutions (TSE:CTS) Is Looking To Continue Growing Its Returns On Capital
Oct 04We Ran A Stock Scan For Earnings Growth And Converge Technology Solutions (TSE:CTS) Passed With Ease
Sep 16Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Aug 29Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors
Aug 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CTS has been paying a dividend for less than 10 years.
Growing Dividend: CTS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Converge Technology Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTS) | 1.7% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (IT) | 2.1% |
| Analyst forecast (CTS) (up to 3 years) | n/a |
Notable Dividend: CTS's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: CTS's dividend (1.67%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: CTS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.5%), CTS's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 06:24 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Converge Technology Solutions Corp. is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin May | Berenberg |
| Deepak Kaushal | BMO Capital Markets Equity Research |
| Robert Young | Canaccord Genuity |