Climb Global Solutions Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators under the names Climb Channel Solutions and Sigma Software Distribution; and software, hardware, and services under the names TechXtend and Grey Matter. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers. In addition, the company offers a line of products from various software vendors; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. Climb Global Solutions Inc. markets its products through its own web sites, local and on-line seminars, events, webinars, and social media, as well as direct email and printed materials. It provides IT distribution and solutions for companies in the security, data management, cloud, connectivity, storage and HCI, virtualization, and software and ALM industries. The company was formerly known as Wayside Technology Group, Inc. and changed its name to Climb Global Solutions Inc. in October 2022. Climb Global Solutions Inc. was incorporated in 1982 and is headquartered in Eatontown, New Jersey.
Climb Global Solutions Dividend Announcement
• Climb Global Solutions announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-16
• Climb Global Solutions annual dividend for 2024 was $0.51
• Climb Global Solutions annual dividend for 2023 was $0.68
• Climb Global Solutions's trailing twelve-month (TTM) dividend yield is 0.63%
• Climb Global Solutions's payout ratio for the trailing twelve months (TTM) is 21.94%
• Climb Global Solutions's dividend growth over the last ten years (2013-2023) was 0.45% year
Climb Global Solutions Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-16 | $0.17 | quarterly | 2024-08-22 |
| 2024-05-10 | $0.17 | quarterly | 2024-05-17 |
| 2024-03-08 | $0.17 | quarterly | 2024-03-15 |
| 2023-11-10 | $0.17 | quarterly | 2023-11-17 |
| 2023-08-11 | $0.17 | quarterly | 2023-08-18 |
| 2023-05-12 | $0.17 | quarterly | 2023-05-19 |
| 2023-03-10 | $0.17 | quarterly | 2023-03-17 |
| 2022-11-10 | $0.17 | quarterly | 2022-11-18 |
| 2022-08-12 | $0.17 | quarterly | 2022-08-19 |
| 2022-05-13 | $0.17 | quarterly | 2022-05-20 |
| 2022-03-11 | $0.17 | quarterly | 2022-03-18 |
| 2021-11-12 | $0.17 | quarterly | 2021-11-19 |
| 2021-08-13 | $0.17 | quarterly | 2021-08-20 |
| 2021-05-14 | $0.17 | quarterly | 2021-05-21 |
| 2021-03-11 | $0.17 | quarterly | 2021-03-19 |
| 2020-11-20 | $0.17 | quarterly | 2020-11-27 |
| 2020-08-21 | $0.17 | quarterly | 2020-08-28 |
| 2020-05-15 | $0.17 | quarterly | 2020-05-22 |
| 2020-02-28 | $0.17 | quarterly | 2020-03-06 |
| 2019-11-15 | $0.17 | quarterly | 2019-11-22 |
| 2019-08-16 | $0.17 | quarterly | 2019-08-23 |
| 2019-05-17 | $0.17 | quarterly | 2019-05-24 |
| 2019-03-06 | $0.17 | quarterly | 2019-03-13 |
| 2018-11-09 | $0.17 | quarterly | 2018-11-20 |
| 2018-08-07 | $0.17 | quarterly | 2018-08-22 |
| 2018-05-11 | $0.17 | quarterly | 2018-05-21 |
| 2018-03-02 | $0.17 | quarterly | 2018-03-12 |
| 2017-11-09 | $0.17 | quarterly | 2017-11-17 |
| 2017-08-09 | $0.17 | quarterly | 2017-08-18 |
| 2017-05-08 | $0.17 | quarterly | 2017-05-17 |
| 2017-02-14 | $0.17 | quarterly | 2017-02-27 |
| 2016-11-04 | $0.17 | quarterly | |
| 2016-08-04 | $0.17 | quarterly | |
| 2016-05-06 | $0.17 | quarterly | |
| 2016-02-11 | $0.17 | quarterly | |
| 2015-11-06 | $0.17 | quarterly | |
| 2015-08-06 | $0.17 | quarterly | |
| 2015-05-11 | $0.17 | quarterly | |
| 2015-02-13 | $0.17 | quarterly | |
| 2014-11-06 | $0.17 | quarterly | |
| 2014-08-04 | $0.17 | quarterly | |
| 2014-05-02 | $0.17 | quarterly | |
| 2014-02-13 | $0.17 | quarterly | |
| 2013-11-01 | $0.17 | quarterly | |
| 2013-08-02 | $0.16 | quarterly | |
| 2013-05-03 | $0.16 | quarterly | |
| 2013-02-08 | $0.16 | quarterly |
Climb Global Solutions Dividend per year
Climb Global Solutions Dividend growth
Climb Global Solutions Dividend Yield
Climb Global Solutions current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Climb Global Solutions stock? Use our calculator to estimate your expected dividend yield:
Climb Global Solutions Financial Ratios
P/E ratio34.87
PEG ratio-2.71
P/B ratio6.02
ROE18.45%
Payout ratio21.94%
Current ratio1.10
Quick ratio1.09
Cash Ratio0.22
Climb Global Solutions Dividend FAQ
How much is the next Climb Global Solutions dividend?
Climb Global Solutions's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Climb Global Solutions dividend. The next Climb Global Solutions dividend will be released in March, May, August, or November.
When is Climb Global Solutions dividend paid?
Climb Global Solutions pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Climb Global Solutions pay?
The specific amount of Climb Global Solutions dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Climb Global Solutions's dividend history.
Does Climb Global Solutions stock pay dividends?
Yes, Climb Global Solutions does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Climb Global Solutions's dividend history.
How much dividend does Climb Global Solutions pay?
Climb Global Solutions paid $0.51 in 2024, $0.68 in 2023, $0.68 in 2022, $0.68 in 2021, and $0.68 in 2020.
How often does Climb Global Solutions pay dividends?
Climb Global Solutions typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Climb Global Solutions's dividend yield?
The current dividend yield for Climb Global Solutions is 0.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Climb Global Solutions's exact dividend yield.
When does Climb Global Solutions go ex dividend?
Climb Global Solutions's ex-dividend date for the latest dividend was on 2024-08-16. Climb Global Solutions typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Climb Global Solutions dividend paid?
Climb Global Solutions pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Climb Global Solutions increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Climb Global Solutions will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Climb Global Solutions dividend per share?
Climb Global Solutions paid $0.51 per share in 2024 and $0.68 per share in 2023. The amount of dividend per share that Climb Global Solutions pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Climb Global Solutions a dividend aristocrat?
No, 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 Climb Global Solutions a dividend king?
No, 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 Climb Global Solutions a dividend stock?
Yes, Climb Global Solutions is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Climb Global Solutions a good dividend stock?
Whether Climb Global Solutions is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Climb Global Solutions has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Climb Global Solutions as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Climb Global Solutions as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Climb Global Solutions pay dividends monthly?
Climb Global Solutions typically pays dividends on a quarterly basis.
Does Climb Global Solutions pay dividends quarterly?
Climb Global Solutions currently pays dividends on a quarterly basis.
Has Climb Global Solutions ever paid a dividend?
Yes, Climb Global Solutions has a history of paying dividends to its shareholders. Climb Global Solutions is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Climb Global Solutions dividend stocks?
To buy Climb Global Solutions 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Climb Global Solutions 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.
Place an order: Use the brokerage's trading platform to place an order to buy Climb Global Solutions 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.
When does Climb Global Solutions pay dividends 2024?
Climb Global Solutions pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Climb Global Solutions increase its dividend in 2024?
Decisions regarding Climb Global Solutions dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Climb Global Solutions dividend overview you can look into the above table of dividend history.
How Climb Global Solutions dividend works?
The Climb Global Solutions dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Climb Global Solutions's dividend process works:
1. Determination of Dividend: Climb Global Solutions's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Climb Global Solutions publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Climb Global Solutions distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Climb Global Solutions are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Climb Global Solutions's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Climb Global Solutions publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Climb Global Solutions distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Climb Global Solutions are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Climb Global Solutions dividends paid?
Climb Global Solutions dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Climb Global Solutions sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Climb Global Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Climb Global Solutions declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Climb Global Solutions sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Climb Global Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Climb Global Solutions declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Climb Global Solutions pay dividends?
Climb Global Solutions typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Climb Global Solutions pay dividends?
The general pattern is that Climb Global Solutions pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Climb Global Solutions dividend safe?
The safety of Climb Global Solutions's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Climb Global Solutions's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Climb Global Solutions's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Climb Global Solutions's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Climb Global Solutions's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.