Jack Henry & Associates Boosts Quarterly Dividend to $.58
Jack Henry & Associates Raises Quarterly Dividend
Jack Henry & Associates, Inc. (NASDAQ: JKHY) has made a significant announcement regarding its commitment to its shareholders by increasing the quarterly dividend by six percent to $.58 per share. This decision exemplifies the company's dedication to providing value to its stockholders while maintaining a strong financial foundation.
Dividend Payment Details
The cash dividend, which applies to the company's common stock with a par value of $.01 per share, will be payable to stockholders who are on record as of the dividend record date. This record date is set for March 6, 2025, with the actual payment being made on March 25, 2025. This consistent approach to dividends highlights the company's robust financial health and strategic planning.
Historical Context
Jack Henry has a long-standing history of providing consistent dividends, having paid consecutive quarterly dividends since 1991. This milestone underlines the company's stability and commitment to rewarding its investors. Notably, 2024 marked the 21st consecutive year of increasing dividends, reflecting a solid performance and a commitment to shareholder value.
About Jack Henry & Associates
Jack Henry & Associates, Inc. is a prominent financial technology company known for its innovative solutions that enhance the relationship between financial institutions and their clients. As an S&P 500 company, Jack Henry is dedicated to fostering openness and collaboration within the financial services sector.
Innovation and Client Connections
For over 48 years, Jack Henry has specialized in delivering technology solutions that empower its clients to innovate swiftly and adapt strategically to the changing financial landscape. With a strong focus on user-centric design, the company provides a comprehensive ecosystem that includes a blend of internally developed capabilities and partnerships with leading fintech firms. This approach has enabled Jack Henry to effectively cater to the evolving needs of approximately 7,500 clients.
Empowering Financial Health
The company's mission extends beyond mere technology provision; Jack Henry is committed to helping financial institutions reduce the barriers to financial health for their customers. By offering insight-driven solutions and personal service, the company positions itself as a key player in enhancing financial capabilities for individuals and businesses alike.
Future Outlook
Looking forward, Jack Henry aims to continue building on its strong foundation of innovation and client engagement. The increase in dividends is not just a financial move; it symbolizes the company's optimistic outlook toward sustained growth and its ongoing commitment to maximize shareholder returns.
Frequently Asked Questions
What is the new quarterly dividend amount for Jack Henry & Associates?
The new quarterly dividend amount announced is $.58 per share.
When will the announced dividend be paid?
The dividend will be payable on March 25, 2025.
What is the significance of Jack Henry's dividend history?
Jack Henry has maintained consistent quarterly dividends since 1991, with 2024 marking the 21st consecutive year of increasing dividends.
How long has Jack Henry been in operation?
Jack Henry has been providing financial technology solutions for over 48 years.
What services does Jack Henry offer its clients?
Jack Henry provides technology solutions that help financial institutions innovate, strategically differentiate, and meet the needs of their customers effectively.
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