Concentrix Dividends and Buybacks
Dividend criteria checks 3/6
Concentrix is a dividend paying company with a current yield of 3.35% that is well covered by earnings.
Key information
3.4%
Dividend yield
4.6%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 54.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.331 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Concentrix: Significant Business Growth Driven By AI, And Cheap Valuation
Nov 01Positive Sentiment Still Eludes Concentrix Corporation (NASDAQ:CNXC) Following 26% Share Price Slump
Oct 22
Concentrix: Hardly Growing Post-Merger (Rating Downgrade)
Sep 19Concentrix Corporation (NASDAQ:CNXC) Might Not Be As Mispriced As It Looks
Aug 21Concentrix: Worth A Look
Jun 04Concentrix Corporation's (NASDAQ:CNXC) Shares Lagging The Market But So Is The Business
Mar 26Concentrix: AI Doesn't Seem An Imminent Risk And Valuation Is Cheap
Mar 19Concentrix (NASDAQ:CNXC) Takes On Some Risk With Its Use Of Debt
Jan 29Why We're Not Concerned About Concentrix Corporation's (NASDAQ:CNXC) Share Price
Dec 25Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.3025
Oct 16Concentrix (NASDAQ:CNXC) Is Paying Out A Larger Dividend Than Last Year
Oct 02A Look At The Fair Value Of Concentrix Corporation (NASDAQ:CNXC)
Feb 03Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.275
Oct 08Concentrix Q3 2022 Earnings Preview
Sep 27Is Concentrix Corporation (NASDAQ:CNXC) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 27Concentrix Corporation: Anatomy Of A Falling Knife
Sep 19Concentrix goes ex-dividend tomorrow
Jul 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CNXC has been paying a dividend for less than 10 years.
Growing Dividend: CNXC'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 (CNXC) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Professional Services) | 1.6% |
| Analyst forecast (CNXC) (up to 3 years) | 3.9% |
Notable Dividend: CNXC's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: CNXC's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), CNXC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), CNXC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:40 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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
Concentrix Corporation is covered by 6 analysts. 6 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 |
|---|---|
| David Koning | Baird |
| Vincent Colicchio | Barrington Research Associates, Inc. |
| Ruplu Bhattacharya | BofA Global Research |