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Pegasystems Announces Quarterly Cash Dividend for Fourth Quarter of 2021

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

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) has announced a quarterly cash dividend of $0.03 per share, keeping its dividend program consistent. The dividend for Q4 2021 will be paid on October 15, 2021, to shareholders who are on record as of October 1, 2021. This announcement highlights Pegasystems' commitment to providing returns to its shareholders while maintaining financial stability.

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Positive

  • Quarterly cash dividend of $0.03 per share demonstrates financial stability and commitment to shareholders.
  • Dividend payment date set for October 15, 2021, ensuring timely returns.

Negative

  • None.
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-0.23% 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 -0.23%.

Data tracked by StockTitan Argus. Session date unavailable.

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CAMBRIDGE, Mass., Sept. 15, 2021 /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 Q4 2021 dividend will be paid on October 15, 2021 to shareholders of record as of October 1, 2021.

About Pega
Pega delivers innovative software that crushes business complexity. From maximizing customer lifetime value to streamlining service to boosting efficiency, we help the world's leading brands solve problems fast and transform for tomorrow. Pega clients make better decisions and get work done with real-time AI and intelligent automation. And, since 1983, we've built our scalable architecture and low-code platform to stay ahead of rapid change. Our solutions save people time, so our clients' employees and customers can get back to what matters most. For more information on Pegasystems (NASDAQ: PEGA), visit www.pega.com.

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

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

All trademarks are the property of their respective owners.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pegasystems-announces-quarterly-cash-dividend-for-fourth-quarter-of-2021-301377858.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 be paid by Pegasystems?

The dividend will be paid on October 15, 2021.

What is the record date for Pegasystems' dividend?

The record date for the dividend is October 1, 2021.

How often does Pegasystems pay dividends?

Pegasystems maintains a regular quarterly dividend program.

Is the dividend from Pegasystems sustainable?

The continuation of the dividend suggests a commitment to shareholder returns, but sustainability should be monitored based on future financial performance.

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