Genpact Limited (G) To Go Ex-Dividend on December 10th

Genpact Limited (NYSE:G) announced a quarterly dividend on Thursday, October 15th. Stockholders of record on Thursday, December 10th will be paid 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 dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, December 10th.

Genpact has increased its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 6 years. Genpact has a dividend payout ratio of 20.1% meaning its dividend is sufficiently covered by earnings. Equities 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 Stock Down 0.8%

NYSE G traded down $0.31 during trading on Friday, reaching $37.28. 1,893,698 shares of the company’s stock were exchanged, compared to its average volume of 1,860,313. The company’s fifty day simple moving average is $35.24 and its 200-day simple moving average is $33.51. Genpact has a fifty-two week low of $26.85 and a fifty-two week high of $48.64. The firm has a market capitalization of $6.23 billion, a PE ratio of 11.06, a P/E/G ratio of 1.00 and a beta of 0.57. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.44.

Genpact (NYSE:G) last released its quarterly earnings data on Tuesday, June 30th. The business services provider reported $1.00 earnings per share for the quarter. Genpact had a net margin of 11.04% and a return on equity of 23.34%. The firm had revenue of $1.34 billion for the quarter. Sell-side analysts predict that Genpact will post 3.66 EPS for the current year.

Genpact Company Profile

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.