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Syntel, Inc. (SYNT) Declares $15.00 Special Dividend; 36.9% Yield

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Syntel Announces Special Dividend

September 12, 2016 8:30 AM EDT

TROY, Mich., Sept. 12, 2016 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq: SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced that its Board of Directors has declared a special cash dividend of $15 per share. 

The special cash dividend, is payable on October 3, 2016, to shareholders of record at the close of business on September 22, 2016.  Due to the size of the dividend, it is anticipated that the Companys common stock will begin trading ex-dividend (without the dividend), the first business day following the dividend... More