Concentrix (NASDAQ:CNXC) Has Announced That It Will Be Increasing Its Dividend To $0.3328 [Yahoo! Finance]
Concentrix Corporation (CNXC)
US:NYSE Investor Relations:
ccrlp.investorroom.com
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Source: Yahoo! Finance
Concentrix Corporation NASDAQ:CNXC ) has announced that it will be increasing its dividend from last year's comparable payment on the 5th of November to $0.3328. This makes the dividend yield 2.6%, which is above the industry average. Concentrix's Payment Could Potentially Have Solid Earnings Coverage Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. However, prior to this announcement, Concentrix's dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. According to analysts, EPS should be several times higher next year. If the dividend extends its recent trend, estimates say the dividend could reach 12%, which we would be comfortable to see continuing. Concentrix Is Still Building Its Track Record The dividend hasn't seen any major cuts in the past, but the company has only been paying a dividend for 3 years, which isn
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News
- The Evolution Of The Customer Experience: How To Expand Beyond NPS [Forbes]Forbes
- FPA Queens Road Small Cap Value Fund Maintains its Position in Concentrix (CNXC) [Yahoo! Finance]Yahoo! Finance
- Concentrix to share new insights on AI and intelligent experiences at Web Summit 2024GlobeNewswire
- Is Concentrix Corporation (CNXC) an Oversold NASDAQ Stock to Invest In Now? [Yahoo! Finance]Yahoo! Finance
- Concentrix Positioned as a Leader in Everest Group’s Customer Experience Management (CXM) Services PEAK Matrix® Assessment 2024GlobeNewswire
CNXC
Earnings
- 9/25/24 - Beat
CNXC
Sec Filings
- 11/12/24 - Form SC
- 11/1/24 - Form S-8
- 10/30/24 - Form 8-K
- CNXC's page on the SEC website