CLMB dividend yield calculator – Climb Global Solutions Inc Announces 0.17 Cash Dividend
March 21, 2023
Dividends Yield
Climb Global Solutions ($NASDAQ:CLMB) Inc has announced a cash dividend of 0.17 USD per share, payable on March 10, 2023. This follows the trend of consistent dividends from the company, which has seen it issue a dividend of 0.68 USD per share for the past three years, resulting in an average dividend yield of 2.09%. This could be an attractive option for anyone looking for a dividend stock to add to their portfolio before the ex-dividend date of March 10 2023. The dividend will be payable to shareholders of record on March 3 2023, and is expected to create a steady stream of income which can be reinvested in other stocks or used as desired.
Climb Global Solutions Inc has been a reliable provider of dividends over the years, so this could be a lucrative opportunity for those looking to diversify their portfolio and increase their income potential. It is always important to consider potential risks when investing, and this is no different with Climb Global Solutions Inc. Investors should make sure to do their due diligence before investing, and ensure that the dividend payout is right for them and is balanced with other investments in their portfolio. This is something that should be considered carefully before investing, as there is always potential risk involved in any investment decision.
Market Price
The stock market responded positively to the news, with shares increasing in value on Friday. The company also noted that their liquidity and financial position remain strong, allowing them to continue to support the dividend. This announcement is further evidence of the company’s commitment to creating value for shareholders. Going forward, the company is well-positioned to capitalize on the growth opportunities that lie ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CLMB. More…
| Total Revenues | Net Income | Net Margin |
| 304.35 | 12.5 | 4.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CLMB. More…
| Operations | Investing | Financing |
| 5.05 | -0.26 | -4.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CLMB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 231.86 | 171.28 | 13.53 |
Key Ratios Snapshot
Some of the financial key ratios for CLMB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | 27.8% | 5.5% |
| FCF Margin | ROE | ROA |
| 1.2% | 18.2% | 4.5% |
Analysis – CLMB Intrinsic Value Calculator
At GoodWhale, we analyzed the financials of CLIMB GLOBAL SOLUTIONS and our proprietary Valuation Line indicates that the fair value of CLIMB GLOBAL SOLUTIONS share is around $28.8. However, currently CLIMB GLOBAL SOLUTIONS stock is traded at $48.7, which is overvalued by 68.8%. Therefore, investors should be cautious before investing in CLIMB GLOBAL SOLUTIONS stock. More…
Peers
It stands out from its competitors, Compuage Infocom Ltd, TD Synnex Corp, and Procurri Corp Ltd, with its vast selection of products and services tailored to meet the evolving needs of customers. Its focus on customer satisfaction and innovative solutions has enabled it to provide customers with the best possible outcomes.
– Compuage Infocom Ltd ($BSE:532456)
Compuage Infocom Ltd is an India-based company providing ICT (Information and Communication Technology) solutions. With a market cap of 1.38B, the company has a strong presence in the ICT industry and has achieved impressive growth over the years. Its Return on Equity (ROE) of 29.82% is a testament to its success in maximizing shareholder value and delivering attractive returns to its investors. The company offers a wide range of products and services such as mobility solutions, security, networking, data centre solutions, enterprise applications, and cloud services. Compuage Infocom Ltd has built a strong customer base across the world, including in India, the Middle East, Africa, and South East Asia.
– TD Synnex Corp ($NYSE:SNX)
Synnex Corp is a business process services company, specializing in business and IT solutions, supply chain solutions, and customer engagement services. It is a Fortune 500 company with a market cap of 9.16 billion as of 2023. This market capitalization reflects the company’s strength in both sales and profitability. The company’s return on equity (ROE) stands at 8.31%, demonstrating a good performance and ability to generate profits from its investments. This strong financial performance has enabled Synnex to expand its operations both domestically and internationally.
– Procurri Corp Ltd ($SGX:BVQ)
Procurri Corp Ltd is a global technology company that provides IT hardware and services to customers in over 50 countries. The company has a market capitalization of 76.18M as of 2023 and a Return on Equity of 5.13%. This suggests that the company has been able to generate a healthy return on the capital invested by its shareholders. The company has also been able to utilize its resources effectively, as evidenced by the relatively low ROE. This is likely due to the company’s strong financial and operational management, allowing it to remain competitive in a crowded market.
Summary
CLIMB GLOBAL SOLUTIONS has proven to be a reliable dividend stock over the past three years, with its annual dividend per share remaining consistent at 0.68 USD. This gives the stock an average dividend yield of 2.09%, which is higher than the market average and may make it an attractive choice for income-seeking investors. Additionally, the stock’s price appreciation over the same period provides further investment potential for investors looking for a long-term growth opportunity. The combined upside of regular income and potential capital gains could make CLIMB GLOBAL SOLUTIONS a worthwhile addition to any diversified portfolio.
