Converge Technology Dividends

CTS Stock  CAD 3.42  0.06  1.79%   
As of the 25th of November 2024, Dividend Yield is likely to grow to 0.01, while Dividends Paid is likely to drop about 5.8 M. Converge Technology's past performance could be the main factor of why investors trade Converge Technology Solutions stock today. Investors should clearly understand every aspect of the Converge Technology dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Converge Technology's dividend schedule and payout information. Converge Technology Solutions dividends can also provide a clue to the current valuation of Converge Technology.
Last ReportedProjected for Next Year
Dividends Paid6.2 M5.8 M
Dividend Yield 0.01  0.01 
Dividend Payout Ratio(4.25)(4.46)
Dividend Paid And Capex Coverage Ratio 13.52  11.43 
One of the primary advantages of investing in dividend-paying companies such as Converge Technology is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Converge Technology Solutions is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Converge Technology must own a stock before its ex-dividend date to receive its next dividend.

Converge Technology Expected Dividend Income Per Share

Dividend payment represents part of Converge Technology's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Converge Technology. Converge Technology's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.02
Bottom Scenario
C$0.02
$0.02
Top Scenario
One Year
Converge Technology Solutions expected dividend income per share adjusted for ongoing price standard deviation

Converge Technology Past Distributions to stockholders

Please note, there is a significant difference between Converge Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Converge Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Converge Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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