FactSet Research Systems Raises Dividend by 14%
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.9%
Revenue Growth %: +5.4%
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NORWALK, Conn., May 09, 2016 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ: FDS), a leading provider of integrated financial information and analytical applications, today announced that its Board of Directors approved a 14% increase in the regular quarterly dividend from $0.44 per share to $0.50 per share. The $0.06 per share increase marks the largest year over year dividend increase in eight years highlighting the Company’s continued commitment to returning value to its shareholders. The cash dividend will be paid on June 21, 2016 to holders of record of FactSet’s common stock at the close of business on May 31, 2016.
About FactSetFactSet delivers the world's best insight and information to investment professionals through superior analytics, service, content, and technology. More than 63,000 users make smarter investment decisions with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. FactSet is also an honoree of Fortune's 100 Best Companies to Work For and a Best Workplace Award recipient in the United Kingdom and France. FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE: FDS) (NASDAQ: FDS).
Contact: Rachel R. Stern FactSet Research Systems Inc. 203.810.1000Source: FactSet Research Systems Inc.
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