Jack Henry & Associates, Inc. (JKHY) to Issue Quarterly Dividend of $0.61 on June 19th

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.61 per share by the technology company on Friday, June 19th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st.

Jack Henry & Associates has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 35 consecutive years. Jack Henry & Associates has a dividend payout ratio of 38.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Jack Henry & Associates to earn $7.05 per share next year, which means the company should continue to be able to cover its $2.44 annual dividend with an expected future payout ratio of 34.6%.

Jack Henry & Associates Price Performance

Shares of JKHY stock opened at $136.37 on Friday. Jack Henry & Associates has a twelve month low of $132.36 and a twelve month high of $193.39. The stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 19.07, a P/E/G ratio of 2.01 and a beta of 0.63. The stock has a fifty day simple moving average of $149.86 and a two-hundred day simple moving average of $166.28. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The business had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same period in the prior year, the business earned $1.52 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, analysts predict that Jack Henry & Associates will post 6.77 EPS for the current fiscal year.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.