Jack Henry & Associates, Inc. (NASDAQ:JKHY) Plans $0.58 Quarterly Dividend

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced a quarterly dividend on Thursday, November 13th. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.58 per share by the technology company on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, December 2nd.

Jack Henry & Associates has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 35 years. Jack Henry & Associates has a dividend payout ratio of 36.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Jack Henry & Associates to earn $6.26 per share next year, which means the company should continue to be able to cover its $2.32 annual dividend with an expected future payout ratio of 37.1%.

Jack Henry & Associates Price Performance

Jack Henry & Associates stock traded down $1.97 during midday trading on Thursday, reaching $165.20. The company had a trading volume of 560,146 shares, compared to its average volume of 742,748. The company has a market capitalization of $12.00 billion, a P/E ratio of 26.47, a P/E/G ratio of 2.74 and a beta of 0.76. Jack Henry & Associates has a 12-month low of $144.12 and a 12-month high of $196.00. The firm’s fifty day simple moving average is $154.80 and its 200-day simple moving average is $167.80.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.64 by $0.33. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The company had revenue of $636.11 million during the quarter, compared to analyst estimates of $634.42 million. During the same period in the previous year, the business earned $1.63 EPS. Jack Henry & Associates’s quarterly revenue was up 7.3% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.380-6.490 EPS. On average, analysts expect that Jack Henry & Associates will post 5.83 EPS for the current fiscal year.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.