SS&C Technologies (SSNC) Raises Quarterly Dividend 25% to $0.10; 0.2% Yield

SS&C Technologies (NASDAQ: SSNC) declared a quarterly dividend of $0.10 per share. This is a 25% increase from the prior dividend of $0.08.

The dividend will be payable on March 15, 2019, to stockholders of record on March 1, 2019, with an ex-dividend date of March 18, 2019.

The annual yield on the dividend is 0.2 percent.

"SS&C Technologies finished 2018 strong, with total adjusted revenues of $3,478.7 million and adjusted diluted earnings per share of $2.92," says Bill Stone, Chairman and Chief Executive Officer. "We spent over $8 billion to acquire DST Systems, Eze Software, and Intralinks in 2018, and we are seeing success in both top line growth and margin improvement. Our core business remains strong, with solid organic revenue growth and margin expansion contributing to our earnings beat.".

For a dividend history and other dividend-related data on SS&C Technologies (SSNC) click here.

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