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%.
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.
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%.
| 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 |
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.
| 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% |
Yes, Cognizant Technology Solutions has been paying dividends for the last five years.
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.
Cognizant Technology Solutions's last dividend ex-date was on Aug 18, 2022. The dividend amount was $0.27 per share.
CTSH has paid dividend of $1.05 per share in the last year.
The current dividend yield of Cognizant Technology Solutions is 1.8%.
Cognizant Technology Solutions has a quarterly dividend frequency.
The dividend payout ratio of Cognizant Technology Solutions is 24.3%.
Cognizant Technology Solutions's dividend yield is in line with the Technology sector average.