NIC (EGOV) Declares $0.08 Quarterly Dividend; 1.3% Yield

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Go back to NIC (EGOV) Declares $0.08 Quarterly Dividend; 1.3% Yield

NIC Earns 20 Cents Per Share in Fourth Quarter 2016 on Total Revenues of $78.3 Million; Exceeds High End of Annual Guidance; Declares First Regular Quarterly Cash Dividend of 8 Cents Per Share

February 1, 2017 4:00 PM EST

2017 guidance reflects consistent transactional revenue growth of core business and investments in long-term growth and innovation

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (NASDAQ: EGOV), the leading provider of digital government services, today announced net income of $13.6 million and earnings per share of 20 cents on total revenues of $78.3 million for the three months ended December 31, 2016. In the fourth quarter of 2015, the Company reported net income of $9.0 million and earnings per share of 13 cents on total revenues of $71.2 million.

The Companys effective tax rate in the current quarter... More