TTEC Holdings, Inc. (TTEC) will pay a special cash dividend of $2.14 per share in 2020. Earlier this year the company announced that it will increase its semi-annual dividend by another 17.6 percent to 40 cents per share.

The special dividend is payable on December 30, 2020 to shareholders of record as of December 18, 2020.

"Our exceptionally strong year-to-date financial performance, cash flow and balance sheet strength, and favorable outlook supports our decision to return additional capital in the form of a special cash dividend to our stockholders," said Ken Tuchman, TTEC's chairman and chief executive officer. "This special dividend alongside our regular semi-annual dividend aligns with our long-term capital management plan, while prudently continuing to execute under our strategic priorities of maintaining our market leadership and investing in our organic and inorganic growth."

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. The company was originally founded in 1982 and has paid a dividend to shareholders since 2015.