Genpact Limited Board Declares Quarterly Cash Dividend

Rhea-AI Summary

Genpact Limited (NYSE: G) has declared a cash dividend of $0.0975 per common share for Q3 2020, payable on September 23, 2020. Shareholders of record as of the close of business on September 11, 2020 will be entitled to this dividend. Future dividends will be determined at the discretion of the board of directors. The announcement highlights Genpact's commitment to returning value to shareholders amid the impacts of the ongoing COVID-19 pandemic.

Positive

• Declared a quarterly cash dividend of $0.0975 per share.
• Demonstrates commitment to returning value to shareholders.

Negative

• Dependence on future cash flows and economic conditions for sustaining dividend payments.
• Uncertainty due to the impact of COVID-19 on financial condition.

NEW YORK, July 29, 2020 /PRNewswire/ -- Genpact Limited (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced that its board of directors has declared a cash dividend of $0.0975 per common share for the third quarter of 2020. The dividend is payable on September 23, 2020 to shareholders of record as of the close of business on September 11, 2020. The declaration of any future dividends will be at the discretion of the board of directors.

About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes primarily for Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics.  Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 90,000+ of us. From New York to New Delhi and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent companies' ways of working. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we'll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here.

Safe Harbor
Statements in this press release regarding Genpact's intention to pay dividends on its common shares from time to time are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, Genpact's cash flows from operations, general economic conditions, the impact of the COVID-19 pandemic on Genpact's financial condition, and other factors identified in Genpact's most recent Annual Report on Form 10-K and other reports filed with the SEC. Genpact undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of Genpact.

Contacts:
Investors	Roger Sachs, CFA
	+1 (203) 808-6725
	roger.sachs@genpact.com
Media	Michael Schneider
	+1 (217) 260-5041
	michael.schneider@genpact.com

 

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SOURCE Genpact

FAQ

What is the dividend amount declared by Genpact for Q3 2020?

Genpact has declared a cash dividend of $0.0975 per share for Q3 2020.

When will the dividend be paid to shareholders?

The dividend is payable on September 23, 2020.

What is the record date for Genpact's Q3 2020 dividend?

The record date for the dividend is September 11, 2020.

Will Genpact continue to pay dividends in the future?

Future dividends will be declared at the discretion of Genpact's board of directors.

What factors could affect Genpact's ability to pay dividends?

Factors include cash flows from operations and general economic conditions affected by COVID-19.