Concentrix Corporation (CNXC) to Distribute Quarterly Dividend of $0.36 on August 4th

Concentrix Corporation (NASDAQ:CNXC) announced a quarterly dividend on Monday, June 29th. Shareholders of record on Friday, July 24th will be given a dividend of 0.36 per share on Tuesday, August 4th. This represents a c) dividend on an annualized basis and a yield of 6.1%. 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 $10.16 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 14.2%.

Concentrix Stock Down 1.9%

Shares of NASDAQ CNXC opened at $23.79 on Wednesday. The company has a market cap of $1.45 billion, a P/E ratio of -1.12, a PEG ratio of 0.44 and a beta of 0.47. Concentrix has a 1 year low of $19.12 and a 1 year high of $62.14. The firm has a 50-day simple moving average of $25.09 and a two-hundred day simple moving average of $30.15. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.18 and a quick ratio of 1.18.

Concentrix (NASDAQ:CNXC) last announced its earnings results on Monday, June 29th. The company reported $2.63 EPS for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.01). Concentrix had a positive return on equity of 19.82% and a negative net margin of 13.16%.The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm posted $2.70 earnings per share. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. Concentrix has set its FY 2026 guidance at 10.830-11.180 EPS and its Q3 2026 guidance at 2.650-2.770 EPS. Research analysts anticipate that Concentrix will post 9.67 earnings per share 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.