CGI Inc. Announces 9% Increase in Quarterly Dividend to CAD 0.185
CGI Inc. (GIB) has declared a quarterly dividend of CAD 0.185 per share, representing an approximately 9% increase from the previous payout of CAD 0.170 per share. The dividend is scheduled to be paid on December 18, with the ex-dividend date and record date both set for November 27. This capital return move comes amidst broader discussions regarding CGI's financial strategy, including recent activities in senior unsecured notes offerings and ongoing share buybacks. While the increased dividend signals confidence in cash flow, market analysts are closely monitoring the company's earnings growth trajectory relative to its buyback programs.
Tickers: $GIB
Topics: dividend declaration dividend increase quarterly dividend
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