Cognizant Technology Solutions (WBO:CTSH) Dividend Payout Ratio : 0.25 (As of Dec. 2023)

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What is Cognizant Technology Solutions Dividend Payout Ratio?

Cognizant Technology Solutions's dividend payout ratio for the months ended in Dec. 2023 was 0.25.

The historical rank and industry rank for Cognizant Technology Solutions's Dividend Payout Ratio or its related term are showing as below:

WBO:CTSH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.23 Max: 0.26
Current: 0.26

During the past 13 years, the highest Dividend Payout Ratio of Cognizant Technology Solutions was 0.26. The lowest was 0.12. And the median was 0.23.

WBO:CTSH's Dividend Payout Ratio is ranked better than
67.7% of 836 companies
in the Software industry
Industry Median: 0.35 vs WBO:CTSH: 0.26

As of today (2024-04-29), the Dividend Yield % of Cognizant Technology Solutions is 1.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cognizant Technology Solutions was 2.00%. The lowest was 0.21%. And the median was 1.25%.

Cognizant Technology Solutions's Dividends per Share for the months ended in Dec. 2023 was €0.27.

During the past 12 months, Cognizant Technology Solutions's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cognizant Technology Solutions was 25.10% per year. The lowest was 6.30% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Cognizant Technology Solutions Dividend Payout Ratio Historical Data

The historical data trend for Cognizant Technology Solutions's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cognizant Technology Solutions Dividend Payout Ratio Chart

Cognizant Technology Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

0.26

0.23

0.25

0.26

Cognizant Technology Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.26	0.26	0.25	0.25

Competitive Comparison of Cognizant Technology Solutions's Dividend Payout Ratio

For the Information Technology Services subindustry, Cognizant Technology Solutions's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cognizant Technology Solutions's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cognizant Technology Solutions's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cognizant Technology Solutions's Dividend Payout Ratio falls into.

Cognizant Technology Solutions Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Cognizant Technology Solutions's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.064	/	4.172
	=	0.26

Cognizant Technology Solutions's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.266	/	1.082
	=	0.25

Cognizant Technology Solutions (WBO:CTSH) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Cognizant Technology Solutions Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cognizant Technology Solutions's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Cognizant Technology Solutions (WBO:CTSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognizant Technology Solutions Corp (WBO:CTSH) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CTSH:USA CTSH:Mexico COZ:Germany CTSH34:Brazil

Address

300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666

Website

https://www.cognizant.com

Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.