Jack Henry (JKHY) Raises Quarterly Dividend 8.1% to $0.40; 1.2% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +2.2%
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Jack Henry (NASDAQ: JKHY) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is an 8.1% increase from the prior dividend of $0.37.
The dividend will be payable on March 18, 2019, to stockholders of record on March 1, 2019, with an ex-dividend date of February 28, 2019.
The annual yield on the dividend is 1.2 percent.
Kevin D. Williams, CFO of Jack Henry & Associates, stated, "The increase in our dividend reflects our on-going commitment to provide a good return on their investment for our shareholders. We established our dividend policy in 1990, and our dividend has increased every fiscal year since its inception. Our announcement of this dividend increase during our third fiscal quarter is consistent with previous years practice."
For a dividend history and other dividend-related data on Jack Henry (JKHY) click here.
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