Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2022

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

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Rhea-AI Sentiment

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Rhea-AI Summary

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, maintaining its dividend program. The Q4 2022 dividend is set for payment on October 17, 2022, to shareholders of record as of October 3, 2022. This decision reflects the company’s commitment to returning value to shareholders while continuing to support its low-code platform, designed to enhance organizational agility and operational efficiency.

Positive

Quarterly cash dividend of $0.03 per share reflects ongoing commitment to shareholders.
Dividend payment scheduled for October 17, 2022, indicates financial stability.

Negative

None.

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News Market Reaction – PEGA

The recorded move for PEGA in the trading session of this news was -6.00%.

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09/16/2022 - 04:05 PM EDT

CAMBRIDGE, Mass., Sept. 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 Q4 2022 dividend will be paid on October 17, 2022 to shareholders of record as of October 3, 2022.

About Pega

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.

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SOURCE Pegasystems Inc.

FAQ

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

What is the dividend amount for Pega for Q4 2022?

The dividend amount for Pega for Q4 2022 is $0.03 per share.

When will the Pega dividend be paid?

The Pega dividend will be paid on October 17, 2022.

What is the record date for the Pega dividend?

The record date for the Pega dividend is October 3, 2022.

Is the Pega dividend sustainable?

The announcement of the dividend suggests a commitment to shareholder returns, but sustainability would depend on future financial performance.

Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2022