CSG Systems International Approves Quarterly Dividend

Rhea-AI Summary

CSG (NASDAQ: CSGS) Approves Quarterly Cash Dividend of $0.28 per Share. The Board of Directors of CSG has given the green light for a quarterly cash dividend payment of $0.28 per share of common stock. The payment is scheduled for December 22, 2023, for shareholders of record as of December 13, 2023. This move demonstrates the company's commitment to returning value to its shareholders through regular dividend payments, potentially attracting income-oriented investors.

Positive

• CSG's approval of a quarterly cash dividend payment indicates the company's financial stability and commitment to rewarding shareholders.
• The scheduled payment date and record date provide clarity for investors, allowing them to plan their investment strategies accordingly.

Negative

• None.

DENVER--(BUSINESS WIRE)-- CSG^® (NASDAQ: CSGS) today announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.28 per share of common stock to be paid on December 22, 2023 for shareholders of record as of the close of business on December 13, 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 fiercely committed and forward-thinking CSGers around the world.

Want to be future-ready and a change-maker like the global brands that trust CSG? Visit csgi.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231116900722/en/

John Rea

Investor Relations

+1 (210) 687-4409

john.rea@csgi.com

Source: CSG

FAQ

What is the dividend payment approved by CSG's Board of Directors?

The Board of Directors of CSG approved a quarterly cash dividend of $0.28 per share of common stock.

When will the dividend payment be made?

The dividend payment is scheduled for December 22, 2023.

Who are eligible to receive the dividend payment?

Shareholders of record as of December 13, 2023, are eligible to receive the dividend payment.

Why is CSG's dividend payment significant?

CSG's approval of regular dividend payments demonstrates the company's commitment to providing value to its shareholders, potentially attracting income-oriented investors.