Cognizant Know-how Options stated on February 2, 2023 that its board of administrators declared an everyday
quarterly dividend of $0.29 per share ($1.16 annualized).
Shareholders of report as of February 16, 2023
will obtain the cost on February 28, 2023.
Beforehand, the corporate paid $0.27 per share.

On the present share worth of $68.22 / share,
the inventory’s dividend yield is 1.70%.

Wanting again 5 years and taking a pattern each week, the common dividend yield has been
1.30%,
the bottom has been 0.82%,
and the very best has been 2.11%.
The usual deviation of yields is 0.24 (n=237).

The present dividend yield is
1.67 customary deviations

above
the historic common.

Moreover, the corporate’s dividend payout ratio is 0.24.
The payout ratio tells us how a lot of an organization’s earnings is paid out in dividends. A payout ratio of 1 (1.0)
means 100% of the corporate’s earnings is paid in a dividend.
A payout ratio better than one means the corporate is dipping into financial savings so as to preserve its dividend – not a
wholesome scenario.
Firms with few progress prospects are anticipated to pay out most of their earnings in dividends, which usually
means a payout ratio between 0.5 and 1.0.
Firms with good progress prospects are anticipated to retain some earnings so as to make investments
in these progress prospects, which interprets to a payout ratio of zero to 0.5.

The corporate’s 3-12 months dividend progress price is 0.35%,
demonstrating that it has elevated its dividend over time.

Analyst Worth Forecast Suggests 4.93% Draw back

As of February 4, 2023,
the common one-year worth goal for Cognizant Know-how Options is $64.85.
The forecasts vary from a low of $45.45 to a excessive of $97.65.
The common worth goal represents a lower of 4.93% from its newest reported closing worth of $68.22.

The projected annual income for Cognizant Know-how Options
is $20,630MM, a rise of 6.53%.

The projected annual EPS
is $4.82, a rise of seven.22%.

Fund Sentiment

There are 1848 funds or establishments reporting positions in Cognizant Know-how Options.
That is a lower
of
39
proprietor(s) or 2.07%.

Common portfolio weight of all funds devoted to US:CTSH is 0.3123%,
a lower
of 6.8790%.

Complete shares owned by establishments elevated
within the final three months by 0.03% to 568,677K shares.

What are massive shareholders doing?

Dodge & Cox
holds 24,105,846 shares

representing 4.69% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 27,559,889 shares, representing
a lower
of 14.33%.

The agency

decreased

its portfolio allocation in CTSH by 18.51% during the last quarter.

Financial institution of New York Mellon
holds 18,049,489 shares

representing 3.51% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 18,464,986 shares, representing
a lower
of two.30%.

The agency

decreased

its portfolio allocation in CTSH by 60.46% during the last quarter.

Pzena Funding Administration
holds 17,357,679 shares

representing 3.38% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 14,254,984 shares, representing
a rise
of 17.88%.

The agency

elevated

its portfolio allocation in CTSH by 7.53% during the last quarter.

DODGX – Dodge & Cox Inventory Fund
holds 16,417,277 shares

representing 3.19% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 18,075,577 shares, representing
a lower
of 10.10%.

The agency

decreased

its portfolio allocation in CTSH by 16.76% during the last quarter.

Invesco
holds 15,681,265 shares

representing 3.05% possession of the corporate.

In it is prior submitting, the agency reported proudly owning 17,338,347 shares, representing
a lower
of 10.57%.

The agency

decreased

its portfolio allocation in CTSH by 92.43% during the last quarter.

Cognizant Know-how Options Background Info
(This description is supplied by the corporate.)

Cognizant is without doubt one of the world’s main skilled companies firms, reworking purchasers’ enterprise, working, and expertise fashions for the digital period. Its distinctive industry-based, consultative method helps purchasers envision, construct and run extra progressive and environment friendly companies. Headquartered within the U.S., Cognizant is ranked 194 on the Fortune 500 and is constantly listed among the many most admired firms on the earth.

This story initially appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.