CDK Global Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

CDK Global, Inc. (NASDAQ: CDK) announced a regular quarterly cash dividend of $0.15 per share, payable on June 29, 2022. Shareholders of record as of June 20, 2022 will receive this dividend. With revenues of approximately $2 billion, CDK provides leading retail technology and software as a service (SaaS) solutions, serving over 15,000 retail locations in North America. The company is focused on enhancing operational efficiency and profitability for dealerships and manufacturers.

Positive

• Quarterly cash dividend of $0.15 per share supports income for shareholders.
• Strong revenue base of approximately $2 billion signals company reliability and confidence.

Negative

• None.

HOFFMAN ESTATES, Ill., June 09, 2022 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK) has declared a regular quarterly cash dividend of $0.15 per share payable on June 29, 2022 to shareholders of record at the close of business on June 20, 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 declared by CDK Global?

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

When is the payment date for the dividend?

The dividend is payable on June 29, 2022.

What is the record date for the dividend?

The record date for the dividend is June 20, 2022.

How much revenue does CDK Global generate?

CDK Global generates approximately $2 billion in revenue.

How many retail locations does CDK Global serve?

CDK Global serves over 15,000 retail locations in North America.