CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value added reseller to various customers in Web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries. This segment also offers professional IT consulting services, such as planning, designing, assessment, implementation, migration, optimization, and project management; storage and virtualization solutions; enterprise security intrusion prevention, network access control, and unified threat management services; and IT security compliance services. In addition, this segment provides unified communications, wireless, and routing and switching solutions; custom software applications and solutions development and support services; optimization, maintenance, and technical support services; and managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT, as well as IT security support tasks. Further, this segment offers managed and cloud services, such as proactive monitoring and remote management of IT infrastructure, managed and hosted unified communication services, security, and backup and replication. The High Performance Products segment offers ARIA Software-Defined Security, a cybersecurity solution; Myricom network adapters; and multicomputer products for digital signal processing applications in the defense markets. CSP Inc. was incorporated in 1968 and is headquartered in Lowell, Massachusetts.
CSP Dividend Announcement
• CSP announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-23
• CSP annual dividend for 2024 was $0.11
• CSP annual dividend for 2023 was $0.15
• CSP's trailing twelve-month (TTM) dividend yield is 0.51%
• CSP's payout ratio for the trailing twelve months (TTM) is 33.38%
CSP Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-23 | $0.03 | quarterly | 2024-09-10 |
| 2024-05-23 | $0.03 | quarterly | 2024-06-12 |
| 2024-02-23 | $0.05 | quarterly | 2024-03-08 |
| 2023-12-21 | $0.04 | quarterly | 2024-01-09 |
| 2023-08-22 | $0.04 | quarterly | 2023-09-12 |
| 2023-05-24 | $0.04 | quarterly | 2023-06-13 |
| 2023-02-23 | $0.03 | quarterly | 2023-03-14 |
| 2022-12-20 | $0.03 | quarterly | 2023-01-06 |
| 2022-08-19 | $0.03 | quarterly | 2022-09-09 |
| 2020-02-27 | $0.15 | quarterly | 2020-03-13 |
| 2019-12-30 | $0.15 | quarterly | 2020-01-15 |
| 2019-08-29 | $0.15 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.15 | quarterly | 2019-06-14 |
| 2019-02-27 | $0.15 | quarterly | 2019-03-14 |
| 2019-01-04 | $0.15 | quarterly | 2019-01-22 |
| 2018-08-30 | $0.15 | quarterly | 2018-09-14 |
| 2018-05-30 | $0.11 | quarterly | 2018-06-15 |
| 2018-02-27 | $0.11 | quarterly | 2018-03-16 |
| 2017-12-28 | $0.11 | quarterly | 2018-01-16 |
| 2017-08-17 | $0.11 | quarterly | 2017-09-05 |
| 2017-05-30 | $0.11 | quarterly | 2017-06-15 |
| 2017-03-01 | $0.11 | quarterly | 2017-03-17 |
| 2017-01-25 | $0.11 | quarterly | 2017-02-08 |
| 2016-08-29 | $0.11 | quarterly | 2016-09-09 |
| 2016-05-25 | $0.11 | quarterly | 2016-06-10 |
| 2016-02-24 | $0.11 | quarterly | 2016-03-11 |
| 2015-12-29 | $0.11 | quarterly | 2016-01-11 |
| 2015-08-24 | $0.11 | quarterly | 2015-09-11 |
| 2015-05-27 | $0.11 | quarterly | 2015-06-10 |
| 2015-02-24 | $0.11 | quarterly | 2015-03-12 |
| 2014-12-23 | $0.11 | quarterly | 2015-01-08 |
| 2014-08-19 | $0.11 | quarterly | 2014-08-29 |
| 2014-05-28 | $0.11 | quarterly | 2014-06-10 |
| 2014-05-23 | $0.22 | quarterly | |
| 2014-02-25 | $0.11 | quarterly | 2014-03-11 |
| 2013-12-24 | $0.10 | quarterly | 2014-01-07 |
| 2013-08-19 | $0.10 | quarterly | 2013-08-30 |
| 2013-05-22 | $0.10 | quarterly | 2013-06-03 |
| 2012-12-18 | $0.20 | quarterly | 2012-12-28 |
| 2012-08-21 | $0.12 | quarterly | 2012-08-31 |
| 2012-01-25 | $0.10 | quarterly | 2012-02-03 |
CSP Dividend per year
CSP Dividend growth
CSP Dividend Yield
CSP current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing CSP stock? Use our calculator to estimate your expected dividend yield:
CSP Financial Ratios
P/E ratio68.04
PEG ratio-0.66
P/B ratio3.87
ROE5.79%
Payout ratio33.38%
Current ratio3.53
Quick ratio3.36
Cash Ratio1.98
CSP Dividend FAQ
How much is the next CSP dividend?
CSP's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CSP dividend. The next CSP dividend will be released in February, May, August, or December.
When is CSP dividend paid?
CSP pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and December. 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 CSP pay?
The specific amount of CSP 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 CSP's dividend history.
Does CSP stock pay dividends?
Yes, CSP 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 CSP's dividend history.
How much dividend does CSP pay?
CSP paid $0.11 in 2024, $0.15 in 2023, $0.06 in 2022, $0.0 in 2021, and $0.15 in 2020.
How often does CSP pay dividends?
CSP 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 February, May, August, and December.
What is CSP's dividend yield?
The current dividend yield for CSP is 0.51%. 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 CSP's exact dividend yield.
When does CSP go ex dividend?
CSP's ex-dividend date for the latest dividend was on 2024-08-23. CSP 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 CSP dividend paid?
CSP pays dividends on a quarterly basis, typically around February, May, August, or December, but the exact dates can vary each year.
Will CSP 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 CSP 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 CSP dividend per share?
CSP paid $0.11 per share in 2024 and $0.15 per share in 2023. The amount of dividend per share that CSP 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 CSP 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 CSP 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 CSP a dividend stock?
Yes, CSP is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CSP a good dividend stock?
Whether CSP is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CSP has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CSP 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 CSP 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 CSP pay dividends monthly?
CSP typically pays dividends on a quarterly basis.
Does CSP pay dividends quarterly?
CSP currently pays dividends on a quarterly basis.
Has CSP ever paid a dividend?
Yes, CSP has a history of paying dividends to its shareholders. CSP is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CSP dividend stocks?
To buy CSP 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 CSP 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 CSP 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 CSP pay dividends 2024?
CSP pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-10. 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 CSP increase its dividend in 2024?
Decisions regarding CSP 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 CSP dividend overview you can look into the above table of dividend history.
How CSP dividend works?
The CSP 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 CSP's dividend process works:
1. Determination of Dividend: CSP'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, CSP 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, CSP 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 CSP 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: CSP'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, CSP 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, CSP 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 CSP 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 CSP dividends paid?
CSP dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CSP 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, CSP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CSP 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: CSP 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, CSP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CSP 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 CSP pay dividends?
CSP 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 CSP pay dividends?
The general pattern is that CSP pays dividends around February, May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CSP dividend safe?
The safety of CSP'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 CSP'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 CSP'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 CSP'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 CSP'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.