Published on 7 Dec 2023 on Simply Wall St. via Yahoo Finance

CSG Systems International, Inc. (NASDAQ:CSGS) Looks Like A Good Stock, And It's Going Ex-Dividend...

CSG Systems International, Inc. (NASDAQ:CSGS) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Therefore, if you purchase CSG Systems International's shares on or after the 12th of December, you won't be eligible to receive the dividend, when it is paid on the 22nd of December.

The company's next dividend payment will be US$0.28 per share. Last year, in total, the company distributed US$1.12 to shareholders. Looking at the last 12 months of distributions, CSG Systems International has a trailing yield of approximately 2.1% on its current stock price of $52.92. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether CSG Systems International can afford its dividend, and if the dividend could grow.

See our latest analysis for CSG Systems International