CDK Global Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

CDK Global has announced a quarterly cash dividend of $0.15 per share, payable on March 30, 2022, to shareholders of record as of March 1, 2022. The company, which generates approximately $2 billion in revenues, is a leading provider of retail technology and SaaS solutions, serving over 15,000 retail locations across North America. The dividend declaration reflects the company's commitment to returning value to its shareholders while supporting its operational efficiency and profitability goals.

Positive

• Declared a quarterly cash dividend of $0.15 per share, affirming shareholder value.
• Generates approximately $2 billion in revenues, indicating strong financial health.
• Serves over 15,000 retail locations, showcasing extensive market presence.

Negative

• None.

HOFFMAN ESTATES, Ill., Jan. 12, 2022 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) has declared a regular quarterly cash dividend of $0.15 per share payable on March 30, 2022 to shareholders of record at the close of business on March 1, 2022.

About CDK Global

With approximately $2 billion in revenues, CDK Global (NASDAQ: CDK) is a leading provider of retail technology and software as a service (SaaS) solutions that help dealers and auto manufacturers run their businesses more efficiently, drive improved profitability and create frictionless purchasing and ownership experiences for consumers. Today, CDK serves over 15,000 retail locations in North America. For more information, visit cdkglobal.com.

Contacts:

Investor Relations Contact: Reuben Gallegos 847.485.4000 reuben.gallegos@cdk.com

Media Contact: Tony Macrito 630.805.0782 tony.macrito@cdk.com

FAQ

What is the dividend amount for CDK Global in 2022?

CDK Global has declared a cash dividend of $0.15 per share.

When is the dividend payable for CDK Global?

The dividend is payable on March 30, 2022.

What is the record date for the dividend payment by CDK Global?

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

How often does CDK Global pay dividends?

CDK Global pays dividends quarterly.

How does the dividend impact CDK Global's financial performance?

The dividend indicates CDK Global's commitment to returning value to shareholders while maintaining financial health.