Concentrix Corporation (NASDAQ:CNXC) to Issue $0.36 Quarterly Dividend

Concentrix Corporation (NASDAQ:CNXC) announced a quarterly dividend on Monday, June 29th. Investors of record on Friday, July 24th will be given a dividend of 0.36 per share on Tuesday, August 4th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Friday, July 24th.

Concentrix has a dividend payout ratio of 11.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Concentrix to earn $11.46 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 12.6%.

Concentrix Stock Performance

Shares of NASDAQ CNXC opened at $25.23 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.43. The firm’s 50-day moving average price is $25.84 and its 200-day moving average price is $32.08. Concentrix has a 52-week low of $22.05 and a 52-week high of $62.14. The company has a market cap of $1.54 billion, a PE ratio of -1.17, a PEG ratio of 0.31 and a beta of 0.43.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings data on Monday, June 29th. The company reported $2.63 earnings per share for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.01). Concentrix had a negative net margin of 13.35% and a positive return on equity of 17.80%. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter last year, the company earned $2.70 EPS. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. Concentrix has set its FY 2026 guidance at 10.830-11.180 EPS and its Q3 2026 guidance at 2.650-2.770 EPS. As a group, analysts anticipate that Concentrix will post 10.42 EPS for the current year.

Concentrix Company Profile

Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.

Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.