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Cognizant Technology Solutions (Cognizant Technology Solutions) Dividend Yield %

: 1.74% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Cognizant Technology Solutions is 1.74%.

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

CTSH' s Dividend Yield % Range Over the Past 10 Years
Min: 0.21   Med: 1.25   Max: 2
Current: 1.74

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

CTSH's Dividend Yield % is ranked better than
50.32% of 934 companies
in the Software industry
Industry Median: 1.73 vs CTSH: 1.74

Cognizant Technology Solutions's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Cognizant Technology Solutions is 1.79%.

Cognizant Technology Solutions's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

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 Yield % Historical Data

The historical data trend for Cognizant Technology Solutions's Dividend Yield % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 1.07 1.08 1.89 1.54

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 Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.81 1.72 1.68 1.54

Competitive Comparison

For the Information Technology Services subindustry, Cognizant Technology Solutions's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

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



Cognizant Technology Solutions Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cognizant Technology Solutions Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-02-162024-02-202024-02-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-202023-11-212023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-08-182023-08-212023-08-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-05-182023-05-192023-05-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cognizant Technology Solutions's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.17/67.44
=1.73 %

Current Share Price is $67.44.
Cognizant Technology Solutions's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.17.

Cognizant Technology Solutions's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/67.44
=1.78 %

Current Share Price is $67.44.
Cognizant Technology Solutions's Dividends per Share for the forward twelve months is calculated as $0.3 * 4 = $1.2.

* 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.


Cognizant Technology Solutions  (NAS:CTSH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cognizant Technology Solutions Dividend Yield % Related Terms

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


Cognizant Technology Solutions (Cognizant Technology Solutions) Business Description

Traded in Other Exchanges
Address
300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666
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.
Executives
Michael Patsalos-fox director 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Mackay Leo S. Jr. director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Robert C. Walker officer: EVP & Pres, Global Growth Mkts C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666
Abraham Schot director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP, 300 FRANK W. BURR BLVD. STE 36, 6 FL, TEANECK NJ 07666
Zein Abdalla director 700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577
Maureen Breakiron-evans director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Kathryn Diaz officer: SVP & Interim Chief People Off 300 FRANK W BURR BLVD, TEANECK NJ 07666
Eric Branderiz director 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ravi Kumar Singisetti director, officer: Chief Executive Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Surya Gummadi officer: SVP & Interim Americas Lead C/O COGNIZANT TECHNOLOGY SOLUTIONS, 300 FRANK W. BURR BOULEVARD, TEANECK NJ 07666
Andrew J Stafford officer: EVP, Head of Global Delivery C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666
Stephen J Rohleder director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Rajesh Nambiar officer: President, Digital Business 300 FRANK W. BURR BLVD, STE. 36, 6TH FL., TEANECK NJ 07666
Robert Telesmanic officer: SVP, Cont. & Chief Acct. Offc. COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666