Pc Connection's latest quarterly dividend of $0.1 per share was on Feb 26, 2024 (ex-date). At an annualized rate of $0.34 per share, the stock yields 0.53%. The latest CNXN payment of $0.1 marks a dividend growth of 25%.
Pc Connection's dividend yield of 0.53% is lower than the Technology sector average. In comparison with the Technology sector average of 1.55%, Pc Connection's dividend yield is 66% lower.
Pc Connection has a dividend history dating as far as 2011, but lately the company has recorded three consecutive years of dividend payments. Our records of CNXN show that the company has distributed four quarterly dividends in the past year.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 26, 2024 | Mar 15, 2024 | Feb 14, 2024 | $0.1 | normal |
Nov 13, 2023 | Dec 1, 2023 | Nov 1, 2023 | $0.08 | normal |
Aug 14, 2023 | Sep 1, 2023 | Aug 2, 2023 | $0.08 | normal |
May 15, 2023 | Jun 2, 2023 | May 4, 2023 | $0.08 | normal |
Feb 17, 2023 | Mar 10, 2023 | Feb 9, 2023 | $0.08 | normal |
Jan 11, 2021 | Jan 29, 2021 | Dec 29, 2020 | $0.32 | normal |
Dec 26, 2019 | Jan 10, 2020 | Dec 17, 2019 | $0.32 | normal |
Dec 27, 2018 | Jan 11, 2019 | Dec 17, 2018 | $0.32 | normal |
Dec 28, 2017 | Jan 12, 2018 | Dec 18, 2017 | $0.34 | normal |
Dec 28, 2016 | Jan 12, 2017 | Dec 20, 2016 | $0.34 | normal |
Pc Connection's payout ratio of 10.7% is below the Technology sector average. In comparison with its Technology sector average of 33.7%, Pc Connection's payout ratio is 68% lower.
Yes, Pc Connection has been paying dividends for the last three years.
CNXN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Pc Connection's last regular dividend was on Feb 26, 2024 (ex-date) with the amount of $0.1 per share.
On an annual basis CNXN pays $0.34 per share.
The current dividend yield of Pc Connection is 0.53%.
Pc Connection pays four dividends per year.
Pc Connection's dividend payout ratio is 10.7%.
Pc Connection's dividend yield is lower than the Technology sector average.