Pega Announces Quarterly Cash Dividend for Third Quarter of 2022

Rhea-AI Summary

Pegasystems announced a quarterly cash dividend of $0.03 per share for Q3 2022, continuing its existing dividend program. This dividend will be payable on July 15, 2022 to shareholders of record as of July 1, 2022. Pega focuses on delivering innovative software solutions to tackle business complexity, aiding clients in enhancing customer lifetime value, operational efficiency, and customer service through AI and automation.

Positive

• Quarterly cash dividend of $0.03 per share maintains shareholder income.

Negative

• None.

News Market Reaction – PEGA

+5.73%

+5.73% Session move

In the trading session that priced this news, PEGA gained 5.73%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CAMBRIDGE, Mass., June 16, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q3 2022 dividend will be paid on July 15, 2022, to shareholders of record as of July 1, 2022.

About Pega

Pega delivers innovative software that crushes business complexity so our clients can make better decisions and get work done. We help the world's leading brands solve their biggest business challenges: maximizing customer lifetime value, streamlining customer service, and boosting operational efficiency. Pega technology is powered by real-time AI and intelligent automation, while our scalable architecture and low-code platform help enterprises adapt to rapid change and transform for tomorrow. For more information, please visit www.pega.com. 

Press Contact: 
Lisa Pintchman                                                 
Pegasystems Inc.                                                                                             
lisapintchman.rogers@pega.com   
(617) 866-6022 
Twitter: @pega   

Investor Contact: 
Garo Toomajanian 
ICR for Pegasystems Inc. 
PegaInvestorRelations@pega.com 
(617) 866-6077

All trademarks are the property of their respective owners.

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SOURCE Pegasystems Inc.

FAQ

What is the dividend amount declared by PEGA for Q3 2022?

Pegasystems declared a dividend of $0.03 per share for Q3 2022.

When will the dividend be paid to PEGA shareholders?

The dividend will be paid on July 15, 2022.

What is the record date for the PEGA dividend payment?

The record date for the dividend is July 1, 2022.

Is the dividend from PEGA sustainable?

The press release does not provide specific details on the sustainability of the dividend.