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DENVER - CSG (NASDAQ:CSGS), a customer experience, billing and payments solutions provider, announced Friday that its Board of Directors has approved a quarterly cash dividend of $0.32 per share of common stock. The company has consistently raised its dividend for 12 consecutive years, with the current annual yield at 2.03%.
The dividend will be paid on October 3, 2025, to shareholders of record as of the close of business on September 19, 2025, according to a company press release.
CSG provides software-as-a-service (SaaS) solutions focused on customer experience management, billing systems, and payment processing for businesses across various industries.
The company’s stock is traded on the Nasdaq stock exchange under the ticker symbol CSGS. With a market capitalization of $1.71 billion, CSG currently trades near its InvestingPro Fair Value, with analysts setting price targets between $70 and $85 per share.
In other recent news, CSG Systems International Inc. has seen a positive update in its financial targets and analyst ratings. Stifel raised its price target for CSG Systems to $70 from $66, maintaining a Buy rating, following the company’s strong second-quarter 2025 results, which mirrored the robust performance of the first quarter. Benchmark also reiterated its Buy rating with a price target of $85, emphasizing CSG’s resilience in an uncertain economic climate and highlighting the company’s AI expertise and telecom billing business as key factors for stability.
Additionally, CSG Systems held its Annual Meeting of Stockholders, where shareholders approved executive pay and elected directors. All Class I Director nominees were elected with significant approval, including Gregory Conley with 98.3%, Marwan Fawaz with 97.0%, and Samantha Greenberg with 99.1% of the votes. These developments provide a comprehensive view of CSG Systems’ current standing and future prospects, reflecting confidence from both analysts and shareholders.
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