Concentrix Dividends and Buybacks
Dividend criteria checks 3/6
Concentrix is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
4.3%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 52.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.331 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CO8 has been paying a dividend for less than 10 years.
Growing Dividend: CO8's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Concentrix Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CO8) | 3.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Professional Services) | 2.4% |
| Analyst forecast (CO8) (up to 3 years) | 3.5% |
Notable Dividend: CO8's dividend (2.96%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: CO8's dividend (2.96%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), CO8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), CO8's dividend payments are well covered by cash flows.