Jack Henry Keeps Dividend Steady
Financial services technology specialist Jack Henry Associatesannounced yesterday its third-quarter dividend of $0.20 per share, the same rate it paid last quarter after raising the payout 53% from $0.13 per share.
The board of directors said the quarterly dividend is payable on September 27 to holders of record at the close of business on September 6. The computer systems and electronic payments systems provider has made quarterly payouts to investors since 1990.
The regular dividend payment equates to a $0.80-per-share annual dividend, yielding 1.6% based on the closing price today of Jack Henry's stock.
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