Pegasystems Announces Quarterly Cash Dividend for Second Quarter of 2021

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

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Rhea-AI Summary

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, consistent with its existing dividend program. The dividend for Q2 2021 will be paid on April 15, 2021, to shareholders on record as of April 1, 2021. This announcement underscores the company’s commitment to returning value to its shareholders while maintaining a stable financial position.

Positive

Maintaining a consistent quarterly cash dividend of $0.03 per share.
Demonstrates confidence in cash flow stability.

Negative

None.

Argus Session date unavailable

-1.36% session move Open Argus

Details

News Market Reaction – PEGA

The recorded move for PEGA in the trading session of this news was -1.36%.

Data tracked by StockTitan Argus. Session date unavailable.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

03/16/2021 - 04:05 PM EDT

CAMBRIDGE, Mass., March 16, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity at the world's leading enterprises, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q2 2021 dividend will be paid on April 15, 2021 to shareholders of record as of April 1, 2021.

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 on Pegasystems (NASDAQ: PEGA), visit www.pega.com.

Press Contact:
Sean Audet
Pegasystems Inc.
sean.audet@pega.com
(617) 528-5230
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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/pegasystems-announces-quarterly-cash-dividend-for-second-quarter-of-2021-301248740.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 for Q2 2021?

Pegasystems announced a dividend of $0.03 per share for Q2 2021.

When will the Q2 2021 dividend be paid by Pegasystems?

The Q2 2021 dividend will be paid on April 15, 2021.

What is the record date for the Q2 2021 dividend for Pegasystems?

The record date for the Q2 2021 dividend is April 1, 2021.

How often does Pegasystems pay dividends?

Pegasystems pays dividends quarterly.

Keep reading

Pegasystems Announces Quarterly Cash Dividend for Second Quarter of 2021