Cognizant Tech Sltns Dividend yield

Cognizant Tech Sltns is part of Software and Computer Services business, which is part of Technology industry. Cognizant Tech Sltns is a company from USA, and his stocks are publicly traded.

Cognizant Tech Sltns stock dividend

Cognizant Tech Sltns paid a total dividend of 589 million USD last year, for a market value of 36,378 millions (Market Cap 36,314 millions). Cognizant Tech Sltns dividend per share is 1.16 USD, and his stock market price 71.61 USD.

According to the chart below, where dividend yield is displayed, Cognizant Tech Sltns has a dividend yield of 1.62%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Cognizant Tech Sltns stocks dividend with other Software and Computer Services companies or other of the best USA dividend stocks list.

Cognizant Tech Sltns Dividend Payout

About the ability of Cognizant Tech Sltns to maintain his current dividend of USD 1.16 per share, an amount that accounts for 1.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cognizant Tech Sltns payout on ernings is currently 23.82%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Cognizant Tech Sltnscan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Cognizant Tech Sltns is USD 5.04 per share, which is higher than the dividend per share paid by the company of USD 1.16, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cognizant Tech Sltns, compared againt world market average, USA companies, Technology industry and Software and Computer Services sector companies.

Cognizant Tech Sltns Dividend History

Below you will find a table with the historical evolution of Cognizant Tech Sltns's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	1.62%	1.16	23.82%	508
2022	1.89%	1.08	24.00%	514
2021	1.08%	0.96	32.76%	527
2020	1.07%	0.88	22.74%	535
2019	1.29%	0.80	19.61%	552
2018	1.26%	0.80	20.78%	586
2017	0.63%	0.45	15.90%	589
2016	0.00%	0.00	0.00%	611
2015	0.00%	0.00	0.00%	611

*In millions

Then you can see the evolution of Cognizant Tech Sltns dividend stock, and compare it with the average of USA stocks and that of the Software and Computer Services stocks.

Cognizant Tech Sltns Stock performance

Finally, last moth Cognizant Tech Sltns showed a return of 8.50% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 13.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Software and Computer Services firms.