Cognizant (Nasdaq: CTSH), one of the world’s leading professional services companies, announced its fourth quarter and full year 2020 financial results.
In December 2020, as part of its ongoing balanced capital allocation strategy, the Company increased its share repurchase authorization by $2 billion. In February 2021, the Company declared a quarterly cash dividend of $0.24 per share, a 9% increase, for shareholders of record on February 18, 2021. This dividend will be payable on February 26, 2021.
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