Concentrix Corporation (NASDAQ:CNXC) Raises Dividend to $0.37 Per Share

Concentrix Corporation (NASDAQ:CNXC) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.37 per share on Tuesday, November 3rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, October 23rd. This is a 2.8% increase from Concentrix’s previous quarterly dividend of $0.36.

Concentrix has a payout ratio of 11.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Concentrix to earn $10.16 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 14.2%.

Concentrix Price Performance

Shares of CNXC stock opened at $24.88 on Wednesday. Concentrix has a 1 year low of $19.12 and a 1 year high of $49.37. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.46. The firm’s 50 day moving average is $27.01 and its 200-day moving average is $26.53. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of -1.17, a PEG ratio of 0.47 and a beta of 0.47.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings results on Tuesday, September 29th. The company reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.21. The business had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.48 billion. Concentrix had a positive return on equity of 19.82% and a negative net margin of 13.16%.The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 earnings per share. Concentrix has set its FY 2026 guidance at 10.970-11.090 EPS and its Q4 2026 guidance at 2.860-2.980 EPS. Sell-side analysts forecast that Concentrix will post 9.67 EPS for the current fiscal year.

Concentrix News Roundup

Here are the key news stories impacting Concentrix this week:

• Positive Sentiment: Concentrix exceeded its quarterly profitability guidance and generated record third-quarter operating cash flow of $268 million, including $218 million in adjusted free cash flow. Concentrix Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its quarterly dividend 2.8% to $0.37 per share, or $1.48 annually, representing an indicated yield of approximately 5.9%. The dividend is payable November 3 to shareholders of record October 23.
• Positive Sentiment: Concentrix expects new-business revenue to exceed $6 billion in 2027 and is targeting net leverage of 2.2 times, signaling confidence in future bookings and balance-sheet improvement. Concentrix 2027 Outlook
• Neutral Sentiment: Concentrix reported third-quarter adjusted earnings of $2.92 per share according to Zacks, above its $2.71 consensus estimate, while other reports cited EPS of $2.57. The differing figures likely reflect differing accounting measures or data sets, but the broader earnings reaction centered on revenue and forward guidance.
• Negative Sentiment: Third-quarter revenue of roughly $2.45 billion to $2.46 billion came in below analysts’ approximately $2.48 billion–$2.47 billion expectations. Reports also indicated that the shift toward AI-related business is weighing on current revenue growth, despite about half of revenue now coming from business won since the company introduced AI tools three years ago. Concentrix Stock Falls After Earnings
• Negative Sentiment: Fourth-quarter EPS guidance of $2.86–$2.98 and revenue guidance of $2.4–$2.5 billion were below consensus estimates of $3.08 and $2.5 billion, respectively. Full-year revenue guidance of $9.8–$9.9 billion also trailed the $10 billion consensus, offsetting the modestly above-consensus full-year EPS outlook. Concentrix Q3 Earnings Coverage

Concentrix Company Profile

Concentrix Corporation is a global technology and services company that helps organizations manage customer experience, business operations and digital transformation. Its offerings include customer care, technical support, sales and marketing services, back-office support, analytics, artificial intelligence and automation solutions.

The company serves clients across industries such as technology and consumer electronics, retail, banking and financial services, healthcare, communications and media, travel, and automotive.