Genpact Limited (NYSE:G – Get Free Report) announced a quarterly dividend on Thursday, October 15th. Shareholders of record on Thursday, December 10th will be given a dividend of $0.1875 per share by the business services provider on Wednesday, December 23rd. This represents a $0.75 annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, December 10th.
Genpact has increased its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 6 years. Genpact has a payout ratio of 20.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Genpact to earn $4.07 per share next year, which means the company should continue to be able to cover its $0.75 annual dividend with an expected future payout ratio of 18.4%.
Genpact Trading Up 6.4%
Shares of NYSE:G opened at $37.60 on Friday. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.44. Genpact has a 52-week low of $26.85 and a 52-week high of $48.64. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 0.94 and a beta of 0.57. The business has a 50-day moving average price of $35.18 and a 200-day moving average price of $33.48.
Genpact (NYSE:G – Get Free Report) last issued its earnings results on Tuesday, June 30th. The business services provider reported $1.00 EPS for the quarter. Genpact had a return on equity of 23.34% and a net margin of 11.04%. The firm had revenue of $1.34 billion for the quarter. Equities analysts predict that Genpact will post 3.66 EPS for the current year.
About Genpact
Genpact Ltd. (NYSE:G) is a global professional services and technology company that helps organizations transform business processes and operations. Its services combine consulting, digital technology, data and artificial intelligence, and domain expertise to support process modernization, automation, and operational improvement.
The company provides services across finance and accounting, procurement, supply chain management, customer experience, risk and compliance, lending, and analytics.
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