Concentrix Dividend
Dividend criteria checks 3/6
Concentrix is a dividend paying company with a current yield of 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.12 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Concentrix (NASDAQ:CNXC) Is Increasing Its Dividend To $0.3025
Oct 16
Concentrix (NASDAQ:CNXC) Is Paying Out A Larger Dividend Than Last Year
Oct 02Recent updates
Concentrix 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 27A Look At The Intrinsic Value Of Concentrix Corporation (NASDAQ:CNXC)
Jun 17Concentrix: A Key Player In CX With The ServiceSource And PK Acquisitions
May 12Is Now The Time To Put Concentrix (NASDAQ:CNXC) On Your Watchlist?
Apr 20Concentrix Corporation: Oversold And On The Way Up
Apr 01Stability 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) | 2.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Professional Services) | 1.7% |
| Analyst forecast in 3 Years (CNXC) | 2.8% |
Notable Dividend: CNXC's dividend (2.19%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CNXC's dividend (2.19%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), CNXC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.2%), CNXC's dividend payments are well covered by cash flows.