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

Genpact Limited (NYSE:G) announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.1875 per share by the business services provider on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, September 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 annually for the last 6 consecutive years. Genpact has a dividend payout ratio of 20.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Genpact to earn $4.03 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 18.6%.

Genpact Stock Down 1.1%

Genpact stock opened at $30.87 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.69 and a quick ratio of 1.69. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 9.47, a PEG ratio of 0.88 and a beta of 0.61. Genpact has a 1-year low of $26.85 and a 1-year high of $48.64. The business has a fifty day moving average price of $30.54 and a 200-day moving average price of $36.62.

Genpact (NYSE:G) last announced its earnings results on Tuesday, March 31st. The business services provider reported $0.98 earnings per share (EPS) for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%.The company had revenue of $1.30 billion for the quarter. Equities research analysts forecast that Genpact will post 3.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Qsemble Capital Management LP acquired a new position in Genpact in the 4th quarter valued at about $3,258,000. Northstar Advisory Group LLC acquired a new position in Genpact in the fourth quarter valued at approximately $1,548,000. Wealth Enhancement Advisory Services LLC increased its stake in Genpact by 145.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 89,835 shares of the business services provider’s stock valued at $4,271,000 after purchasing an additional 53,294 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Genpact by 30.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 145,336 shares of the business services provider’s stock worth $6,810,000 after buying an additional 34,039 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its holdings in shares of Genpact by 19.6% in the 4th quarter. Beaumont Financial Advisors LLC now owns 82,048 shares of the business services provider’s stock valued at $3,838,000 after buying an additional 13,425 shares in the last quarter. 96.03% of the stock is owned by institutional investors and hedge funds.

About Genpact

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.