Dividend Capture Strategy: 5 High Yield Stocks to Buy in April

2. Concentrix Corporation (NASDAQ:CNXC)

Ex-Dividend Date: April 24

Dividend Yield as of March 30: 5.43%

On March 25, Barrington lowered its price recommendation on Concentrix Corporation (NASDAQ:CNXC) to $38 from $62. It reiterated an Outperform rating following the fiscal Q1 report. The firm said the company gained both market share and wallet share during the quarter. At the same time, it pointed to higher execution risk, citing the “slippage” reported in the period as the main reason for the target cut.

During the Q1 2026 earnings call, President and CEO Christopher Caldwell highlighted strong momentum in technology-driven deals. Wins in this category increased 61% year over year. He said the signed annual contract value for solutions, including AI, more than doubled sequentially. The company also closed nearly 60 enterprise iX suite deals during the quarter, including its largest iX Hero contracts so far with two Fortune 50 companies. He emphasized a continued focus on proprietary AI capabilities, higher-value services, and deeper client relationships.

CFO Andre Valentine reported revenue of about $2.5 billion. That reflects a 1.9% increase on a constant currency basis and more than 5% growth on a reported basis.Non-GAAP operating income came in at $295 million, in line with guidance. Adjusted EBITDA reached $348 million, representing a 13.9% margin. Non-GAAP diluted EPS of $2.61 also fell within the expected range. He also noted a $6 million GAAP loss tied to the sale of two non-core businesses, which brought in about $20 million in proceeds. Recent cost actions are expected to generate around $40 million in annualized savings, alongside continued investment in growth initiatives.

Concentrix Corporation (NASDAQ:CNXC) provides a range of services, including customer experience optimization, technology solutions, automation, analytics, and business transformation.