Genpact Limited (NYSE:G) Plans $0.19 Quarterly Dividend

Genpact Limited (NYSE:G) declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.1875 per share by the business services provider on Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, June 10th.

Genpact has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 6 years. Genpact has a payout ratio of 20.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Genpact to earn $4.00 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 18.8%.

Genpact Price Performance

Shares of Genpact stock traded down $0.38 during mid-day trading on Friday, reaching $34.12. 163,961 shares of the stock were exchanged, compared to its average volume of 2,241,615. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 10.90, a price-to-earnings-growth ratio of 1.07 and a beta of 0.74. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.46. The firm has a 50-day simple moving average of $37.91 and a 200 day simple moving average of $41.65. Genpact has a fifty-two week low of $33.80 and a fifty-two week high of $50.41.

Genpact (NYSE:G) last announced its earnings results on Friday, February 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. On average, sell-side analysts predict that Genpact will post 3.6 EPS for the current fiscal year.

Genpact Company Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.