Cognizant Technology Solutions Dividend
Dividend criteria checks 3/6
Cognizant Technology Solutions is a dividend paying company with a current yield of 1.8% that is well covered by earnings. Last payment was on 29th November, 2022 with an ex-dividend date of 17th November, 2022.
Key information
1.8%
Dividend yield
24%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 29 Nov 22 |
Ex dividend date | 17 Nov 22 |
Dividend per share | n/a |
Earnings per share | €4.56 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, COZ has been paying a dividend for less than 10 years.
Growing Dividend: COZ's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Cognizant Technology Solutions Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (COZ) | 1.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (IT) | 2.2% |
Analyst forecast in 3 Years (COZ) | 1.9% |
Notable Dividend: COZ's dividend (1.8%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: COZ's dividend (1.8%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), COZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.3%), COZ's dividend payments are well covered by cash flows.