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Pega Announces Quarterly Cash Dividend for First Quarter of 2023

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, continuing its dividend program.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, continuing its dividend program. The dividend for Q1 2023 will be paid on January 17, 2023 to shareholders on record as of January 3, 2023. This move reflects the company's commitment to returning value to its shareholders while leveraging its low-code platform to aid organizations in adapting to market changes.

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Positive

  • Quarterly cash dividend of $0.03 per share maintains investor returns.

Negative

  • None.
Argus Session date unavailable
-4.31% session move Open Argus
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News Market Reaction – PEGA

The recorded move for PEGA in the trading session of this news was -4.31%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CAMBRIDGE, Mass., Dec. 16, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q1 2023 dividend will be paid on January 17, 2023 to shareholders of record as of January 3, 2023.

About Pega
Pegasystems today announced a quarterly cash dividend of $0.03 per share.

Pega provides a powerful low-code platform that builds agility into the world's leading organizations so they can adapt to change. Clients use our AI-powered decisioning and workflow automation to solve their most pressing business challenges – from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architecture to help enterprises meet today's customer demands while continuously transforming for tomorrow. For more information on Pegasystems (NASDAQ: PEGA), visit www.pega.com. 

Press Contact:
Lisa Pintchman                                                 
VP, Corporate Communications                                       
LisaPintchman.Rogers@pega.com                         
(617) 866-6022        
Twitter: @pega   

Investor Contact: 
Peter Welburn
VP, Corporate Development & Investor Relations  
PegaInvestorRelations@pega.com
(617) 498-8968 

All trademarks are the property of their respective owners.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pega-announces-quarterly-cash-dividend-for-first-quarter-of-2023-301705486.html

SOURCE Pegasystems Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by Pegasystems?

Pegasystems announced a quarterly cash dividend of $0.03 per share.

When will the dividend for Q1 2023 be paid?

The dividend for Q1 2023 will be paid on January 17, 2023.

What is the record date for the upcoming dividend payment?

The record date for the upcoming dividend payment is January 3, 2023.

How often does Pegasystems pay dividends?

Pegasystems pays dividends quarterly.

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