Syntel, Inc. (SYNT) Declares $2.25 Special Dividend; 4% Yield

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Syntel (SYNT) Boosts Borrowing Under Facility to $50M; Will Use for Special Dividend

December 7, 2012 3:51 PM EST

Syntel, Inc. (NASDAQ: SYNT) has entered into an agreement to increase its line of credit with JPMorgan Chase Bank, N.A. from $20 million to $50 million and to draw upon the line of credit for $50 million to be used as partial funding for the special... More

Syntel, Inc. (SYNT) Declares $0.06 Quarterly Dividend; 0.4% Yield

December 7, 2012 3:50 PM EST

Syntel, Inc. (NASDAQ: SYNT) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on December 28, 2012, to stockholders of record on December 18, 2012, with an ex-dividend date of December 14, 2012.

The annual yield on the dividend is 0.4 percent.... More