Converge Technology Solutions Dividend
Converge Technology Solutions Dividend history 5 years
Dividend Analysis of the Converge Technology Solutions Stock
| Current dividend yield | 3.98 % |
| Dividendenrendite 5 Jahre | 7.69 % |
| Dividend Yield 10Y | 3.07 % |
| Payout 3Y | 6.12 % |
When does Converge Technology Solutions pay a dividend?
Converge Technology Solutions pays the next dividend on Dec 28 2024 (payday). The ex-day is on Dec 10 2024. The Converge Technology Solutions stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Converge Technology Solutions stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, May, August and December . Dividends from Converge Technology Solutions are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
CAD0.015
Forecast
CAD0.02
Forecast
|
Dec 10 2024
Dec 10 2024
Dec 28 2024
Dec 10 24
Dec 28 24 |
Dec 28 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.015
CAD0.02
|
Aug 27 2024
Aug 27 2024
Sep 10 2024
Aug 27 24
Sep 10 24 |
Sep 10 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.015
CAD0.02
|
May 22 2024
May 22 2024
Jun 06 2024
May 22 24
Jun 06 24 |
Jun 06 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.01
CAD0.01
|
Mar 11 2024
Mar 11 2024
Mar 26 2024
Mar 11 24
Mar 26 24 |
Mar 26 2024 |
quarterly
quarterly
|
| 2023 |
CAD0.01
CAD0.01
|
Dec 12 2023
Dec 12 2023
Dec 28 2023
Dec 12 23
Dec 28 23 |
Dec 28 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.01
CAD0.01
|
Sep 07 2023
Sep 07 2023
Sep 22 2023
Sep 07 23
Sep 22 23 |
Sep 22 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.01
CAD0.01
|
Jun 08 2023
Jun 08 2023
Jun 16 2023
Jun 08 23
Jun 16 23 |
Jun 16 2023 |
quarterly
quarterly
|
How much dividend does Converge Technology Solutions pay?
Converge Technology Solutions most recently paid a dividend of CAD0.02. Converge Technology Solutions paid a Dividend of CAD0.06 Per Share in the financial year 2024. With a stock price of CAD3.37 at Nov 25 2024, the current dividend yield is 1.63% (calculation: CAD0.06 / CAD3.37 = 1.63%). No special dividend was paid.
What is the Converge Technology Solutions Dividend Yield and payout ratio?
The average Converge Technology Solutions dividend yield over the last 5 years is 0.33% and the average over the last 10 years is 0.21%.
The payout ratio of Converge Technology Solutions in relation to the last financial year is -300.00%. The payout ratio smoothed over 3 years is 14.29%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Converge Technology Solutions |
|---|---|
| Current dividend yield | 1.63% |
| Dividend Yield 5Y | 0.33% |
| Dividend Yield 10Y | 0.21% |
| Payout 1Y | -300.00% |
| Payout 3Y | 14.29% |
Is the Converge Technology Solutions dividend safe? Continuity & Dividend Growth
Is the Converge Technology Solutions dividend safe?
Converge Technology Solutions has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 83.33%.
| Metric | Converge Technology Solutions |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 2 Years |
| Growth 1Y | 83.33% |
Continuity
Converge Technology Solutions has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 83.33%.
Converge Technology Solutions Stock Forecast 2024
On the stock exchange, the Converge Technology Solutions stock (ISIN: CA21250C1068) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Converge Technology Solutions -18.60% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Converge Technology Solutions stock price in real time at the top of the page.
Converge Technology Solutions (symbol: CTS) is valued at a Price / Earnings Ratio (P/E ratio) of -4.13 and a price/sales ratio (P/S ratio) of 0.25 valued. Based on analyst estimates, the Converge Technology Solutions stock forecast 2024 of the current financial year corresponds to a valuation of -4.16 according to P/E ratio and 0.26 according to P/S.
| Metric | Converge Technology Solutions |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
18.60%
|
| P/E TTM | -4.13 |
| P/S TTM | 0.25 |
| P/E forward | -4.16 |
| P/S forward | 0.26 |
Converge Technology Solutions (symbol: CTS) is valued at a Price / Earnings Ratio (P/E ratio) of -4.13 and a price/sales ratio (P/S ratio) of 0.25 valued. Based on analyst estimates, the Converge Technology Solutions stock forecast 2024 of the current financial year corresponds to a valuation of -4.16 according to P/E ratio and 0.26 according to P/S.
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