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CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, retail, consumer and services, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.

CGI Dividend Announcement

• CGI announced a annually dividend of $0.11 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-20
• CGI annual dividend for 2024 was $0.11
• CGI's trailing twelve-month (TTM) dividend yield is 0.07%

CGI Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-20$0.11annually2024-12-20

CGI Dividend per year

CGI Dividend Yield

CGI current trailing twelve-month (TTM) dividend yield is 0.07%. Interested in purchasing CGI stock? Use our calculator to estimate your expected dividend yield:

CGI Financial Ratios

P/E ratio22.10
PEG ratio6.29
P/B ratio4.15
ROE19.29%
Payout ratio0.00%
Current ratio1.16
Quick ratio1.16
Cash Ratio0.29

CGI Dividend FAQ

Does CGI stock pay dividends?
CGI does not currently pay dividends to its shareholders.
Has CGI ever paid a dividend?
No, CGI has no a history of paying dividends to its shareholders. CGI is not known for its dividend payments.
Why doesn't CGI pay dividends?
There are several potential reasons why CGI would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will CGI ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While CGI has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is CGI a dividend aristocrat?
CGI is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CGI a dividend king?
CGI is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CGI a dividend stock?
No, CGI is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy CGI stocks?
To buy CGI you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy CGI stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.