Concentrix Dividends and Buybacks
Dividend criteria checks 3/6
Concentrix is a dividend paying company with a current yield of 3.48% that is well covered by earnings.
Key information
3.5%
Dividend yield
5.1%
Buyback Yield
| Total Shareholder Yield | 8.6% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 54.6% |
| 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) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Professional Services) | 1.5% |
| Analyst forecast (CNXC) (up to 3 years) | 4.1% |
Notable Dividend: CNXC's dividend (3.48%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CNXC's dividend (3.48%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.