Cognizant Technology Solutions Corp Class A Dividends
The next dividend date for Cognizant Technology Solutions Corp Class A has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Cognizant Technology Solutions Corp Class A (CTSH)
More About Cognizant Technology Solutions Corp Class A
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Health Sciences; Products and Resources; and Communications, Media and Technology. The company provides services including artificial intelligence (AI) and other technology services and solutions, consulting, application development, systems integration, digital engineering, quality engineering and assurance, application maintenance, infrastructure, security, cloud, internet of things, enterprise platform services, and business process services and automation. It also offers AI-led automation, which includes advisory, and process and IT automation solutions designed to simplify and accelerate automation adoption; business process outsourcing services, which help deliver business outcomes including revenue growth, increased customer and employee satisfaction, and cost savings; and Cognizant Moment, a digital experience service that uses AI to reimagine customer experiences and engineer strategies aimed at driving growth. In addition, the company develops, licenses, implements, and supports proprietary and third-party software products and platforms; and develops industry-specific products and services. It offers solution to healthcare providers and payers, life sciences companies, banking, capital markets, payments and insurance companies, manufacturers, automakers, retailers, consumer goods, travel and hospitality, communications, media and entertainment, education, information services, and technology companies, as well as businesses providing logistics, energy, and utility services. The company was incorporated in 1988 and is headquartered in Teaneck, New Jersey.
Owning Cognizant Technology Solutions Corp Class A Stock on the Dividend Date
If you own Cognizant Technology Solutions Corp Class A stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cognizant Technology Solutions Corp Class A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cognizant Technology Solutions Corp Class A stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cognizant Technology Solutions Corp Class A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cognizant Technology Solutions Corp Class A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cognizant Technology Solutions Corp Class A Dividends
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