SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Declares Quarterly Dividend of $0.30

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) declared a quarterly dividend on Tuesday, August 18th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.30 per share by the technology company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, September 1st. This is a 11.1% increase from SS&C Technologies’s previous quarterly dividend of $0.27.

SS&C Technologies has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 9 consecutive years. SS&C Technologies has a dividend payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Analysts expect SS&C Technologies to earn $6.96 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.5%.

SS&C Technologies Stock Up 0.9%

NASDAQ:SSNC opened at $80.53 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s 50-day moving average price is $70.95 and its 200-day moving average price is $70.71. The company has a market capitalization of $18.90 billion, a PE ratio of 23.14 and a beta of 1.07. SS&C Technologies has a 1-year low of $61.40 and a 1-year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.45 earnings per share. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, equities analysts predict that SS&C Technologies will post 6.28 EPS for the current fiscal year.

About SS&C Technologies

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.