Parsons Corporation (PSN) Dividend Analysis
This company discontinued its dividend after 2019.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2019. The company has not paid dividends in the last 6 years.
Does Parsons (PSN) pay a dividend?
Parsons (PSN) stopped paying a dividend after 2019 and pays nothing today. It returns cash through buybacks instead, at roughly a 2.9% buyback yield over the last twelve months. The business does generate free cash flow of $417 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Parsons (PSN) pay a dividend?+
No. Parsons (PSN) does not currently pay a dividend. The last payment in our data was in 2019, and nothing has been paid since.
How does Parsons return cash to shareholders?+
Through share buybacks rather than dividends. Over the last twelve months Parsons reduced its share count at a rate equivalent to a 2.9% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.
Could Parsons afford to pay a dividend?+
On the numbers, yes. Parsons generated $417 million of free cash flow, which is about $3.85 per share. If it paid out half of that, the dividend would be roughly $1.92 per share, a yield of about 4.4% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which technology companies do pay dividends?+
Our Technology sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Parsons.
SourceDividend analysis computed from the 10-Q filed 29 Apr 2026, covering the period ending 31 Mar 2026, as reported to the SEC. Data last refreshed 28 Sept 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.