Concentrix Corporation (NASDAQ:CNXC) Declares $0.36 Quarterly Dividend

Concentrix Corporation (NASDAQ:CNXC) declared a quarterly dividend on Monday, June 29th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.36 per share on Tuesday, August 4th. This represents a c) dividend on an annualized basis 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. 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 Price Performance

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

Concentrix (NASDAQ:CNXC) last posted its quarterly earnings results on Monday, June 29th. The company reported $2.63 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.01). Concentrix had a positive return on equity of 17.80% and a negative net margin of 13.35%.The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the company earned $2.70 EPS. The business’s quarterly revenue 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. Equities research analysts forecast that Concentrix will post 10.42 EPS for the current fiscal 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.