Concentrix Corp. (CNXC) Dividends
CNXC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $84.07 | $8.01 | -95.86% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Concentrix Corp, the DDM model generated by StockNews estimates a return of negative 95.86% in comparison to its current price. Digging deeper, the aspects of Concentrix Corp's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Concentrix Corp produces a dividend yield 0.52% -- which falls in the bottom 5.97%.
- Regarding its relative worth based on the dividend discount model, CNXC's provides a return of -95.86% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than only 1.8% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for CNXC, approximately 29.16% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
CNXC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-02 | Dividend | $0.30 | -- |
| 2023-10-26 | Dividend | $0.30 | +10.18% |
| 2023-07-27 | Dividend | $0.28 | -- |
| 2023-04-27 | Dividend | $0.28 | -- |
| 2023-01-27 | Dividend | $0.28 | -- |
| 2022-10-27 | Dividend | $0.28 | +10.00% |
| 2022-07-28 | Dividend | $0.25 | -- |
| 2022-04-28 | Dividend | $0.25 | -- |
| 2022-01-27 | Dividend | $0.25 | -- |
| 2021-10-21 | Dividend | $0.25 | -- |
CNXC Dividends vs. Peers
CNXC's dividend yield currently ranks #129 of 133 vs. its peers in the Technology - Services category.