Published on 9 Mar 2024 on Simply Wall St. via Yahoo Finance

CSG Systems International, Inc. (NASDAQ:CSGS) Is About To Go Ex-Dividend, And It Pays A 2.3% Yield

Readers hoping to buy CSG Systems International, Inc. (NASDAQ:CSGS) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Meaning, you will need to purchase CSG Systems International's shares before the 14th of March to receive the dividend, which will be paid on the 28th of March.

The company's upcoming dividend is US$0.30 a share, following on from the last 12 months, when the company distributed a total of US$1.20 per share to shareholders. Last year's total dividend payments show that CSG Systems International has a trailing yield of 2.3% on the current share price of US$53.08. If you buy this business for its dividend, you should have an idea of whether CSG Systems International's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.

View our latest analysis for CSG Systems International