TTEC Holdings, formerly Teletech Holdings (TTEC), will raise its semi-annual dividend by another 3.7 percent percent to $0.28 per share in Q4 of 2018. Earlier this year the it-services company had already hiked its dividend by 8.0 percent to $0.27.

The increased dividend will be paid on October 19, 2018 to shareholders of record as of October 9, 2018. This semi-annual dividend represents an approximate 12 percent increase over the dividend paid in October of last year. The new annual dividend yields 2.2% at a stock price of $25.90.

TTEC Holdings, Inc., formerly TeleTech Holdings, Inc., is a customer engagement management service provider that delivers integrated consulting, technology, growth and customer care solutions. The company delivers outcome-based customer engagement solutions through TTEC Digital, its digital consultancy that designs and builds human centric, tech-enabled, insight-driven customer experience solutions for clients and TTEC Engage, that operates customer acquisition, care, growth and digital trust and safety services.