Categories: Technology

Converge Technology Solutions Corp. Boasts Increased Dividend Payment Despite Decrease in Trading Volume

On Friday, Converge Technology Solutions Corp. (OTCMKTS:CTSDF) experienced a 1.2% increase in its stock price during mid-day trading. The stock reached a high of $4.40 and closed at $4.33, with a total of 9,826 shares traded, which is a 71% decrease from the average daily volume of 33,754 shares.

Despite the decrease in trading volume, Converge Technology Solutions’ dividend payment increased recently. Investors of record on Tuesday, March 12th received a dividend of $0.0074, an improvement from the previous dividend of $0.01 and representing a dividend yield of 0.77%.

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada to clients across various industries, including advanced analytics, application modernization, cloud services, cybersecurity, digital infrastructure, and digital workplace offerings. To stay updated on news and ratings for Converge Technology Solutions, sign up to receive a daily email newsletter from MarketBeat.com.

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

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