CSG Systems International Announces Its 10th Consecutive Year of Increased Dividend Payout

Rhea-AI Summary

CSG (NASDAQ: CSGS) has announced a 6% increase in its quarterly cash dividend, raising the payment to $0.28 per share. The new dividend will be paid on March 30, 2023, to shareholders on record by the close of business on March 17, 2023. This increase reflects the company's commitment to returning value to its shareholders while maintaining its growth strategy.

Positive

• 6% increase in quarterly dividend to $0.28 per share enhances shareholder value.
• Strategic focus on returning value through consistent dividend payments.

Negative

• None.

Board of Directors Approves a 6% Increase in its Quarterly Dividend; Company Approves Q1 2023 Dividend

DENVER--(BUSINESS WIRE)-- CSG® (NASDAQ: CSGS) today announced that its Board of Directors approved a 6% increase in the Company’s quarterly cash dividend payment. The new quarterly payment amount has been increased to $0.28 per share of common stock to be paid on March 30, 2023 for shareholders of record as of the close of business on March 17, 2023.

About CSG

CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future, and tap into guidance along the way from our more than 5k-strong experienced global CSG services team.

Want to learn more about how to be a change maker and industry shaper like our 1,000-plus clients? Visit csgi.com to learn more.

Copyright © 2023 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005141/en/

John Rea

Investor Relations

+1 (210) 687-4409

john.rea@csgi.com

Source: CSG Systems International

FAQ

What is the new dividend amount for CSGS?

The new quarterly dividend for CSGS is $0.28 per share.

When will the CSGS dividend be paid?

The CSGS dividend will be paid on March 30, 2023.

What is the record date for the CSGS dividend?

The record date for the CSGS dividend is March 17, 2023.

How much was the increase in CSGS's quarterly dividend?

CSGS announced a 6% increase in its quarterly dividend.

How often does CSGS pay dividends?

CSGS typically pays dividends quarterly.