A 10 percent increase in the quarterly dividend for Monett-based Jack Henry and Associates (JHA) has been authorized by the JHA Board of Directors.
"This increase in our dividend is reflective of our ongoing commitment to generate a return on our stockholders' investment," said Kevin D. Williams, JHA chief financial officer.
Dividends of $.115 per share will be paid to those who are stockholders of record as of Feb. 21. The dividend is payable on March 8.
"We established our dividend policy in 1990, and our dividend has increased every year since its inception," Williams said. "Our announcement of this dividend increase during our third fiscal quarter is consistent with previous years."
As of Jan. 31, there were 86,709,623 shares of JHA common stock outstanding.
JHA is a leading provider of computer systems and electronic payment solutions primarily for financial service organizations. JHA technology solutions serve more than 11,200 customers nationwide.