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CTSH Cognizant Technology Solutions dividend history, payout ratio & dates

Cognizant Technology Solutions's latest quarterly cash dividend of $0.27 per share was issued to shareholders on record before Aug 18, 2022. The dividend distribution stands at $1.05 per share annually, which comes to a dividend yield of 1.8%.

Key dates

  • CTSH last dividend date: Aug 18, 2022
  • CTSH next dividend date: Not announced
CTSH dividend stats
DPS
$1.05
Dividend yield
1.8%
Payout ratio
24.3%
vs. Technology sector
Dividend yield
1.72%
Payout ratio
28%

Dividend yield

What is Cognizant Technology Solutions current dividend yield

CTSH has a dividend yield of 1.8% which is higher than the Technology sector and the industry average. But in comparison with the Technology sector average of 1.72%, Cognizant Technology Solutions's dividend yield is only 4.7% higher. The historical 5-year average of CTSH's dividend yield is 1.2%, which is lower than the current one.

Dividend history

What is CTSH dividend payout history and dates

Cognizant Technology Solutions has been paying dividends for the last five years. Our records show that CTSH has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 12% since twelve months ago. And with the price of the stock down by 23% from a year ago, the dividend yield has an increase of 45%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 18, 2022 Aug 30, 2022 Jul 26, 2022 $0.27 normal
May 19, 2022 May 31, 2022 $0.27 normal
Feb 17, 2022 Mar 1, 2022 Feb 2, 2022 $0.27 normal
Nov 18, 2021 Nov 30, 2021 Oct 27, 2021 $0.24 normal
Aug 19, 2021 Aug 31, 2021 Jul 28, 2021 $0.24 normal
May 19, 2021 May 28, 2021 May 5, 2021 $0.24 normal
Feb 17, 2021 Feb 26, 2021 Feb 3, 2021 $0.24 normal
Nov 18, 2020 Nov 30, 2020 Oct 28, 2020 $0.22 normal
Aug 20, 2020 Aug 31, 2020 Jul 29, 2020 $0.22 normal
May 19, 2020 May 29, 2020 May 7, 2020 $0.22 normal
Feb 14, 2020 Feb 28, 2020 Feb 5, 2020 $0.22 normal
Nov 18, 2019 Nov 29, 2019 Oct 30, 2019 $0.2 normal
Aug 21, 2019 Aug 30, 2019 Jul 31, 2019 $0.2 normal
May 21, 2019 May 31, 2019 May 1, 2019 $0.2 normal
Feb 20, 2019 Feb 28, 2019 Feb 4, 2019 $0.2 normal
Nov 19, 2018 Nov 30, 2018 Oct 29, 2018 $0.2 normal
Aug 21, 2018 Aug 31, 2018 Aug 2, 2018 $0.2 normal
May 21, 2018 May 31, 2018 May 7, 2018 $0.2 normal
Feb 21, 2018 Feb 28, 2018 Feb 7, 2018 $0.2 normal
Nov 17, 2017 Nov 30, 2017 Nov 1, 2017 $0.15 normal
Aug 18, 2017 Aug 31, 2017 Aug 3, 2017 $0.15 normal
May 18, 2017 May 31, 2017 May 5, 2017 $0.15 normal

Cognizant Technology Solutions dividend payout ratio

What is Cognizant Technology Solutions dividend payout ratio compared to the sector

Payout ratio

CTSH has a payout ratio of 24.3% which is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 28%, Cognizant Technology Solutions's payout ratio is 13% lower.

Total amount of dividends paid per financial year (from cash flow)

CTSH dividend vs peer dividends

How does CTSH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
IBM International Business Machines Corp 5.41% $6.58 105.8%
HPQ Hp Inc 3.99% $1 17.7%
CTSH Cognizant Technology Solutions Corp 1.8% $1.05 24.3%
ACN Accenture plc 1.5% $3.88 37.1%

Frequently asked questions

Does Cognizant Technology Solutions pay a dividend?

Yes, Cognizant Technology Solutions has been paying dividends for the last five years.

When is Cognizant Technology Solutions's next dividend?

At this point we don't have a record of CTSH's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was CTSH's last dividend?

Cognizant Technology Solutions's last dividend ex-date was on Aug 18, 2022. The dividend amount was $0.27 per share.

How much dividend does Cognizant Technology Solutions pay (per share)?

CTSH has paid dividend of $1.05 per share in the last year.

What is Cognizant Technology Solutions's dividend yield?

The current dividend yield of Cognizant Technology Solutions is 1.8%.

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 24.3%.

Does Cognizant Technology Solutions pay a good dividend?

Cognizant Technology Solutions's dividend yield is in line with the Technology sector average.