Cognizant Technology Solutions (CTSH) increases dividend by 9.1% in 2021 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Cognizant Technology As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Cognizant Technology As of October 10, 2023	CTSH	$1.16	7.4%	12.5%	9.1%
IT Services	1.7%	4	7.7%	Quarter	2017

Cognizant Technology Solutions hikes dividend by 9.1%

Wednesday 3 February 2021

Cognizant Technology Solutions (CTSH) will raise its quarterly dividend by 9.1 percent to 24 cents per share in 2021. This follows a dividend hike of 10.0 percent to $0.22 per share in the first quarter of 2020. In 2017 the company initiated its dividend and this marks the third dividend increase since.

This dividend will be payable on February 26, 2021 to shareholders of record at the close of business on February 18, 2021. A new annual dividend rate of 96 cents per share yields 1.1% at a stock price of $79.34.

Cognizant Technology Solutions Corporation is a professional services company. The company provides custom information technology (IT) consulting and technology services, as well as outsourcing services. Cognizant operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other.

Cognizant Technology

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