Concentrix Corporation provides technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services. It also offers customer lifecycle management; customer experience/user experience strategy and design; digital transformation; and voice of the customer and analytics solutions. The company's clients include consumer electronics, technology, e-commerce, and health insurance companies, as well as global IPOs, social brands, and banks. Concentrix Corporation was incorporated in 2009 and is based in Fremont, California.
Concentrix Dividend Announcement
• Concentrix announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-25
• Concentrix annual dividend for 2024 was $1.24
• Concentrix annual dividend for 2023 was $1.13
• Concentrix's trailing twelve-month (TTM) dividend yield is 3.79%
• Concentrix's payout ratio for the trailing twelve months (TTM) is 39.89%
Concentrix Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | $0.33 | quarterly | 2024-11-05 |
2024-07-26 | $0.30 | quarterly | 2024-08-06 |
2024-04-25 | $0.30 | quarterly | 2024-05-07 |
2024-02-02 | $0.30 | quarterly | 2024-02-15 |
2023-10-26 | $0.30 | quarterly | 2023-11-07 |
2023-07-27 | $0.28 | quarterly | 2023-08-08 |
2023-04-27 | $0.28 | quarterly | 2023-05-09 |
2023-01-27 | $0.28 | quarterly | 2023-02-10 |
2022-10-27 | $0.28 | quarterly | 2022-11-08 |
2022-07-28 | $0.25 | quarterly | 2022-08-09 |
2022-04-28 | $0.25 | quarterly | 2022-05-10 |
2022-01-27 | $0.25 | quarterly | 2022-02-08 |
2021-10-21 | $0.25 | quarterly | 2021-11-02 |
Concentrix Dividend per year
Concentrix Dividend growth
Concentrix Dividend Yield
Concentrix current trailing twelve-month (TTM) dividend yield is 3.79%. Interested in purchasing Concentrix stock? Use our calculator to estimate your expected dividend yield:
Concentrix Financial Ratios
Concentrix Dividend FAQ
Other factors to consider when evaluating Concentrix 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.
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1. Determination of Dividend: Concentrix'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, Concentrix 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, Concentrix 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 Concentrix 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. Record Date: Concentrix 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, Concentrix distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Concentrix 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.
To assess the safety of Concentrix'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 Concentrix'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.