NIC (EGOV) Declares $0.55 Special Dividend; 2.8% Yield

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Go back to NIC (EGOV) Declares $0.55 Special Dividend; 2.8% Yield

NIC Earns 19 Cents Per Share in Third Quarter 2015; Declares Special Cash Dividend of $0.55 Per Share

November 5, 2015 4:00 PM EST

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (NASDAQ: EGOV), the dominant provider of official eGovernment services, today announced net income of $12.8 million and earnings per share of 19 cents on total revenues of $75.0 million for the three months ended September 30, 2015. Operating income increased 21 percent to $19.9 million for the current quarter. In the third quarter of 2014, the Company reported net income of $10.4 million and earnings per share of 16 cents on total revenues of $69.5 million.

Quarterly portal revenues were $70.1 million, a 7 percent increase over the third quarter of 2014. On a same-state basis, total revenues increased 8 percent, with... More