Genpact Limited (NYSE: G) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. The dividend will be payable on February 28, 2017, to stockholders of record on February 10, 2017, with an ex-dividend date of February 8, 2017. The annual yield on the dividend is 1 percent.

In addition, Genpact today announced that its Board of Directors has approved a $500 million increase to its existing $750 million share repurchase program. Genpact currently has approximately $158 million available under its existing $750 million program. Genpact anticipates purchasing its common shares from time to time on the open market or in privately negotiated transactions, and has completed $592 million in share repurchases since the share repurchase program was first announced in February 2015. The timing and amount of any shares repurchased will be determined by Genpact's management based on its evaluation of market conditions and other factors. Repurchases may also be made under a Rule 10b5-1 plan, which would permit shares to be repurchased when Genpact might otherwise be precluded from doing so under insider trading laws. The repurchase program may be suspended or discontinued at any time. Any repurchased shares will be canceled.

For a dividend history and other dividend-related data on Genpact Limited (G) click here.