Skip to main content

Market Overview

Analyzing Genpact's Ex-Dividend Date

Share:

On October 21, 2020, Genpact (NYSE:G) declared a dividend payable on December 23, 2020 to its shareholders. Genpact also announced that shareholders on the company's books on or before December 9, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Genpact, which has a current dividend per share of $0.1, has an ex-dividend date scheduled for December 8, 2020. That equates to a dividend yield of 1.04% at current price levels.

What Is An Ex-Dividend Date?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Genpact's Dividend History

Over the past year, Genpact has seen its dividend payouts and yields climb upward overall. Last year (December 6, 2019), the company's payout sat at $0.09, which has since increased by $0.01. Genpact's dividend yield last year was 0.88%, which has since grown by 0.16%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more news on Genpact click here.

 

Related Articles (G)

View Comments and Join the Discussion!

Posted-In: Dividends

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com