Cognizant Technology Solutions Dividend
Dividend criteria checks 2/6
Cognizant Technology Solutions is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.200 |
| Earnings per share | US$4.43 |
| Dividend yield forecast | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0QZ5 has been paying a dividend for less than 10 years.
Growing Dividend: 0QZ5's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Cognizant Technology Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0QZ5) | 1.6% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (IT) | 2.9% |
| Analyst forecast (0QZ5) (up to 3 years) | 1.8% |
Notable Dividend: 0QZ5's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: 0QZ5's dividend (1.56%) is low compared to the top 25% of dividend payers in the UK market (5.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), 0QZ5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.9%), 0QZ5's dividend payments are well covered by cash flows.