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Converge Technology Solutions (CTS) Dividend Yield, Date & History

Converge Technology Solutions logo
C$3.27 0.00 (0.00%)
(As of 12/20/2024 05:17 PM ET)

Converge Technology Solutions Dividend Summary

Dividend Yield
1.83%
Annual Dividend
C$0.06
Next
Dividend Payment
Dec. 28
Dividend Payout Ratio
-7.50%

Converge Technology Solutions (CTS) pays an annual dividend of C$0.06 per share, with a dividend yield of 1.83%. The next payment of C$0.02 per share is scheduled for Saturday, December 28, to investors who owned the stock before the ex-dividend date of Tuesday, December 10. The company currently pays out -7.50% of its earnings and 10.33% of its cash flow as dividends.

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CTS Dividend Payments by Quarter

The chart below displays up to four years of Converge Technology Solutions' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CTS Dividend Yield Over Time

The chart below tracks Converge Technology Solutions' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Converge Technology Solutions vs. The Competition

Compare Converge Technology Solutions' annual dividend, yield, and 3-year growth rate with averages for Computer and TSE companies to evaluate its performance against the market.

TypeConverge Technology SolutionsComputer CompaniesTSE Companies
Annual DividendC$0.06C$0.03C$1.07
Dividend Yield1.83%2.78%5.42%

Converge Technology Solutions Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-7.50%
Based on This Year's Estimate8.72%
Based on Cashflow10.33%

Converge Technology Solutions Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/10/2024Quarterly$0.0150 - 1.6%12/10/202412/28/202412/28/2024
8/27/2024Quarterly$0.0150 - 1.47%8/27/20249/10/20249/10/2024
5/8/2024Quarterly$0.0150+$0.0050
50.00%
1.05%5/22/20245/23/20246/6/2024
3/5/2024Quarterly$0.01 - 0.77%3/11/20243/12/20243/26/2024
12/12/2023Quarterly$0.01 - 1.08%12/12/202312/28/202312/28/2023
9/7/2023Quarterly$0.01 - 1.58%9/7/20239/22/20239/22/2023
6/8/2023Quarterly$0.01 - 1.48%6/8/20236/16/20236/16/2023

This table shows Converge Technology Solutions' dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Converge Technology Solutions Dividend - Frequently Asked Questions

The current dividend yield for Converge Technology Solutions is 1.83%. Learn more on CTS's dividend yield history.

The annual dividend for CTS shares is C$0.06. Learn more on CTS's annual dividend history.

Converge Technology Solutions pays quarterly dividends to shareholders.

Converge Technology Solutions's next quarterly dividend payment of C$0.02 per share will be made to shareholders on Saturday, December 28, 2024.

Converge Technology Solutions's most recent quarterly dividend payment of C$0.02 per share was made to shareholders on Tuesday, September 10, 2024.

Converge Technology Solutions's most recent ex-dividend date was Tuesday, December 10, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Wednesday, May 8, 2024.

The dividend payout ratio for CTS is:
  • -7.50% based on the trailing year of earnings
  • 8.72% based on this year's estimates
  • 10.33% based on cash flow

Converge Technology Solutions' dividend yield of 1.30% is lower than the average Computer and Technology company that issues a dividend.

Looking at the stock as a whole, market analysts rate Converge Technology Solutions stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:CTS) was last updated on 12/21/2024 by MarketBeat.com Staff
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