Total System Services (TSS) Raises Quarterly Dividend 30% to $0.13; 0.8% Yield

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Go back to Total System Services (TSS) Raises Quarterly Dividend 30% to $0.13; 0.8% Yield

TSYS Reports Second Quarter Earnings

July 25, 2017 4:00 PM EDT

Increases 2017 Outlook for Revenue and Earnings per Share, Increases Quarterly Dividend by 30%

COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYSE: TSS) today reported results for the second quarter of 2017.

Our second quarter results were outstanding driven by solid revenue growth that converted into very strong operating income and diluted earnings per share (EPS). These results are all organic as this is the first quarter that the TransFirst acquisition is in both quarters reflecting the execution of our strategic goals, said M. Troy Woods, chairman and chief executive officer of TSYS.

With our strong cash flow, we reduced our... More