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Converge Technology Solutions (STU:0ZB) Dividend Yield % : 0.76% (As of May. 01, 2024)


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What is Converge Technology Solutions Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Converge Technology Solutions is 0.76%.

Good Sign:

Converge Technology Solutions Corp stock dividend yield is close to 1-year high.

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

STU:0ZB' s Dividend Yield % Range Over the Past 10 Years
Min: 0.29   Med: 0.52   Max: 0.77
Current: 0.76

During the past 6 years, the highest Dividend Yield of Converge Technology Solutions was 0.77%. The lowest was 0.29%. And the median was 0.52%.

STU:0ZB's Dividend Yield % is ranked worse than
77.42% of 939 companies
in the Software industry
Industry Median: 1.7 vs STU:0ZB: 0.76

Converge Technology Solutions's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.13.

During the past 6 years, the highest Dividend Payout Ratio of Converge Technology Solutions was 0.51. The lowest was 0.29. And the median was 0.51.

As of today (2024-05-01), the Forward Dividend Yield % of Converge Technology Solutions is 0.75%.

Converge Technology Solutions's Dividends per Share for the three months ended in Dec. 2023 was €0.01.

The growth rate is calculated with least square regression.

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


Converge Technology Solutions Dividend Yield % Historical Data

The historical data trend for Converge 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.

Converge Technology Solutions Dividend Yield % Chart

Converge Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 0.73

Converge 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 % Get a 7-Day Free Trial 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 - - 0.31 0.70 0.73

Competitive Comparison of Converge Technology Solutions's Dividend Yield %

For the Information Technology Services subindustry, Converge 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.


Converge Technology Solutions's Dividend Yield % Distribution in the Software Industry

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

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



Converge Technology Solutions Dividend Yield % Calculation

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

Converge Technology Solutions Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0100002024-03-112024-03-122024-03-26Cash DividendquarterlyCAD:EUR 0.683225
CAD 0.0100002023-12-122023-12-132023-12-28Cash DividendquarterlyCAD:EUR 0.692078
CAD 0.0100002023-09-072023-09-082023-09-22Cash DividendquarterlyCAD:EUR 0.689452
CAD 0.0100002023-06-082023-06-092023-06-16Cash DividendquarterlyCAD:EUR 0.697551

* 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.02762306/3.621
=0.76 %

Current Share Price is €3.621.
Converge Technology Solutions's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.02762306.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.027329/3.621
=0.75 %

Current Share Price is €3.621.
Converge Technology Solutions's Dividends per Share for the forward twelve months is calculated as €0.00683225 * 4 = €0.027329.

* 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.


Converge Technology Solutions  (STU:0ZB) 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.


Converge Technology Solutions Dividend Yield % Related Terms

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


Converge Technology Solutions (STU:0ZB) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Converge Technology Solutions (STU:0ZB) Headlines

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