Pega Announces Quarterly Cash Dividend for Second Quarter of 2023

Pegasystems Inc. (NASDAQ: PEGA) has 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) has announced a quarterly cash dividend of $0.03 per share, maintaining its dividend program. This dividend for Q2 2023 will be payable on April 17, 2023, to shareholders of record as of April 3, 2023. The decision to keep the dividend reflects the company's commitment to providing returns to its shareholders while continuing to empower enterprises with its low-code platform for business transformation.

Positive

Quarterly cash dividend of $0.03 per share demonstrates financial stability.
Dividend payment reflects the company's commitment to shareholder returns.

Negative

None.

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News Market Reaction – PEGA

The recorded move for PEGA in the trading session of this news was -1.22%.

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03/17/2023 - 04:05 PM EDT

CAMBRIDGE, Mass., March 17, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q2 2023 dividend will be paid on April 17, 2023, to shareholders of record as of April 3, 2023.

About Pega

Pega provides a powerful low-code platform that empowers the world's leading enterprise to Build for 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pega-announces-quarterly-cash-dividend-for-second-quarter-of-2023-301775122.html

SOURCE Pegasystems Inc.

FAQ

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What is the dividend amount for Pegasystems in Q2 2023?

The dividend amount for Pegasystems in Q2 2023 is $0.03 per share.

When will Pegasystems pay its Q2 2023 dividend?

Pegasystems will pay its Q2 2023 dividend on April 17, 2023.

Who is eligible for the Pegasystems dividend?

Shareholders of record as of April 3, 2023, are eligible for the Pegasystems dividend.

Pega Announces Quarterly Cash Dividend for Second Quarter of 2023