CTSH Cognizant Technology Solutions dividend history, payout ratio & dates
Cognizant Technology Solutions's latest cash dividend of $0.3 per share was issued to shareholders on record before Aug 20, 2024. The dividend distribution stands at $1.19 per share annually, which comes to a dividend yield of 1.57%.
Key dates
- CTSH last dividend date: Aug 20, 2024
CTSH dividend stats
vs. Technology sector
Dividend yield
CTSH has a dividend yield of 1.57% which is higher than the Technology sector average but lower than the industry average. But in comparison with the Technology sector average of 1.54%, Cognizant Technology Solutions's dividend yield is only 1.9% higher. The historical 5-year average of CTSH's dividend yield is 1.4%, which is lower than the current one.
Dividend history
Cognizant Technology Solutions has been paying dividends for the last seven years. Our records show that CTSH has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.4% since twelve months ago. However with the price of the stock up by 19% from a year ago, the dividend yield has a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 20, 2024 | $0.3 | 1.58% |
| May 17, 2024 | $0.3 | 1.72% |
| Feb 16, 2024 | $0.3 | 1.52% |
| Nov 20, 2023 | $0.29 | 1.66% |
| Aug 18, 2023 | $0.29 | 1.66% |
| May 18, 2023 | $0.29 | 1.76% |
| Feb 16, 2023 | $0.29 | 1.66% |
| Nov 17, 2022 | $0.27 | 1.82% |
| Aug 18, 2022 | $0.27 | 1.52% |
| May 19, 2022 | $0.27 | 1.45% |
| Feb 17, 2022 | $0.27 | 1.15% |
| Nov 18, 2021 | $0.24 | 1.18% |
| Aug 19, 2021 | $0.24 | 1.24% |
| May 19, 2021 | $0.24 | 1.3% |
| Feb 17, 2021 | $0.24 | 1.18% |
| Nov 18, 2020 | $0.22 | 1.18% |
| Aug 20, 2020 | $0.22 | 1.3% |
| May 19, 2020 | $0.22 | 1.63% |
| Feb 14, 2020 | $0.22 | 1.2% |
| Nov 18, 2019 | $0.2 | 1.26% |
| Aug 21, 2019 | $0.2 | 1.29% |
| May 21, 2019 | $0.2 | 1.31% |
| Feb 20, 2019 | $0.2 | 1.11% |
| Nov 19, 2018 | $0.2 | 1.16% |
| Aug 21, 2018 | $0.2 | 1% |
| May 21, 2018 | $0.2 | 0.92% |
| Feb 21, 2018 | $0.2 | 0.79% |
| Nov 17, 2017 | $0.15 | 0.62% |
| Aug 18, 2017 | $0.15 | 0.43% |
| May 18, 2017 | $0.15 | 0.23% |
Cognizant Technology Solutions dividend payout ratio
Payout ratio
CTSH has a payout ratio of 27.1% which is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 41.3%, Cognizant Technology Solutions's payout ratio is 34% lower.
Total amount of dividends paid per financial year (from cash flow)
CTSH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IBM International Business Machines Corp | 3.22% | $6.66 | 72.2% |
| HPQ Hp Inc | 3% | $1.1 | 38.3% |
| CTSH Cognizant Technology Solutions Corp | 1.6% | $1.19 | 27.1% |
| ACN Accenture plc | 1.53% | $5.35 | 46.2% |
Frequently asked questions
Does Cognizant Technology Solutions pay a dividend?
Yes, Cognizant Technology Solutions has been paying dividends for the last seven years.
When was CTSH's last dividend?
Cognizant Technology Solutions's last dividend ex-date was on Aug 20, 2024. The dividend amount was $0.3 per share.
How much dividend does Cognizant Technology Solutions pay (per share)?
CTSH has paid dividend of $1.19 per share in the last year.
What is Cognizant Technology Solutions's dividend yield?
The current dividend yield of Cognizant Technology Solutions is 1.57%.
How often does Cognizant Technology Solutions pay dividends?
Cognizant Technology Solutions has a quarterly dividend frequency.
What is Cognizant Technology Solutions's dividend payout ratio?
The dividend payout ratio of Cognizant Technology Solutions is 27.1%.
Does Cognizant Technology Solutions pay a good dividend?
Cognizant Technology Solutions's dividend yield is in line with the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.