Cognizant Technology Solutions Dividend
Dividend criteria checks 2/6
Cognizant Technology Solutions is a dividend paying company with a current yield of 1.79% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 17th May, 2024.
Key information
1.8%
Dividend yield
28%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 17 May 24 |
| Dividend per share | n/a |
| Earnings per share | Mex$4.21 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CTSH * has been paying a dividend for less than 10 years.
Growing Dividend: CTSH *'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 (CTSH *) | 1.8% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (IT) | 0% |
| Analyst forecast in 3 Years (CTSH *) | 2.1% |
Notable Dividend: CTSH *'s dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: CTSH *'s dividend (1.79%) is low compared to the top 25% of dividend payers in the MX market (6.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), CTSH *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.7%), CTSH *'s dividend payments are well covered by cash flows.