Cognizant Technology Solutions Corp. (CTSH) Dividends
Dividend Yield and Dividend History Highlights
- CTSH has an EBITDA to net debt ratio of 2,836,000,000; for context, that's better than 97.81% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that CTSH has less fluctuation in its price than 92.64% of stocks we're observing.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CTSH's price: FI, AVA, HDB, TSLX and SHO.
CTSH Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $77.00 | $33.42 | -63.96% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for CTSH, the dividend discount model StockNews created for the company implies a negative return of 63.96%. To help understand and contextualize the model's evaluation of CTSH, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, CTSH offers a dividend yield in the bottom 1.16% of its fellow sector mates.
- In terms of opportunity, CTSH's provides a return of -63.96% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than just 23.25% of all stocks we measured with our dividend discount model.
- In comparison to its fellow dividend issuing stocks in the Technology sector, Cognizant Technology Solutions Corp has an equity discount rate lower than 75.59% of them.
CTSH Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-16 | Dividend | $0.30 | +3.45% |
| 2023-11-20 | Dividend | $0.29 | -- |
| 2023-08-18 | Dividend | $0.29 | -- |
| 2023-05-18 | Dividend | $0.29 | -- |
| 2023-02-16 | Dividend | $0.29 | +7.41% |
| 2022-11-17 | Dividend | $0.27 | -- |
| 2022-08-18 | Dividend | $0.27 | -- |
| 2022-05-19 | Dividend | $0.27 | -- |
| 2022-02-17 | Dividend | $0.27 | +12.50% |
| 2021-11-18 | Dividend | $0.24 | -- |
| 2021-08-19 | Dividend | $0.24 | -- |
| 2021-05-19 | Dividend | $0.24 | -- |
| 2021-02-17 | Dividend | $0.24 | +9.09% |
| 2020-11-18 | Dividend | $0.22 | -- |
| 2020-08-20 | Dividend | $0.22 | -- |
| 2020-05-19 | Dividend | $0.22 | -- |
| 2020-02-14 | Dividend | $0.22 | +10.00% |
| 2019-11-18 | Dividend | $0.20 | -- |
| 2019-08-21 | Dividend | $0.20 | -- |
| 2019-05-21 | Dividend | $0.20 | -- |
| 2019-02-20 | Dividend | $0.20 | -- |
| 2018-11-19 | Dividend | $0.20 | -- |
| 2018-08-21 | Dividend | $0.20 | -- |
| 2018-05-21 | Dividend | $0.20 | -- |
| 2018-02-21 | Dividend | $0.20 | +33.33% |
| 2017-11-17 | Dividend | $0.15 | -- |
| 2017-08-18 | Dividend | $0.15 | -- |
| 2017-05-18 | Dividend | $0.15 | -- |
| 2014-03-10 | Split | ||
| 2007-10-17 | Split | ||
| 2004-06-18 | Split | ||
| 2003-04-02 | Split | ||
| 2000-03-17 | Split |
CTSH Dividends vs. Peers
CTSH's dividend yield currently ranks #3 of 16 vs. its peers in the Outsourcing - Tech Services category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | FSNN | Fusion Connect, Inc. | 0.00% |
| 2 | WIT | Wipro Limited | 0.00% |
| 3 | CTSH | Cognizant Technology Solutions Corp. | 0.00% |
| 4 | NRILY | Nomura Research Institute Ltd. ADR | 0.00% |
| 5 | GIB | CGI Inc. Cl A | 0.00% |
| 6 | UIS | Unisys Corporation New | 0.00% |
| 7 | HCKT | Hackett Group Inc. | 0.00% |
| 8 | SREV | ServiceSource International, Inc. | 0.00% |
| 9 | INFY | Infosys Ltd. ADR | 0.00% |
| 10 | SWCH | Switch, Inc. | 0.00% |
| 11 | ARBB | ARB IOT Group Ltd. | 0.00% |
| 12 | ACN | Accenture PLC Cl A | 0.00% |
| 13 | PRSP | Perspecta Inc. | 0.00% |
| 14 | IT | Gartner Inc. | 0.00% |
| 15 | SYKE | Sykes Enterprises, Incorporated | 0.00% |
| 16 | SYNT | Syntel, Inc. | 0.00% |
Looking for More Information on CTSH dividends?
Want to do more research on Cognizant Technology Solutions Corp's dividends? Try the links below:Cognizant Technology Solutions Corp Common Stock (CTSH) Dividend History | Nasdaq
Dividend History for Cognizant Technology Solutions Corp (CTSH) - Dividend Investor
Cognizant Technology Solutions Corp (CTSH) Dividend History - Seeking Alpha