Total System Services, Inc. (NYSE:TSS) declared a quarterly dividend on Monday, December 11th, RTT News reports. Shareholders of record on Thursday, December 21st will be given a dividend of 0.13 per share by the credit services provider on Tuesday, January 2nd. This represents a $0.52 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Wednesday, December 20th.

Total System Services has raised its dividend payment by an average of 10.1% per year over the last three years. Total System Services has a payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Total System Services to earn $3.49 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 14.9%.

Total System Services (NYSE TSS) opened at $79.01 on Tuesday. Total System Services has a fifty-two week low of $48.65 and a fifty-two week high of $79.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $14,305.06, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 1.91 and a beta of 1.10.

Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.07. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The company had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. During the same quarter in the previous year, the company earned $0.71 earnings per share. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. equities research analysts expect that Total System Services will post 3.2 EPS for the current fiscal year.

A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of Total System Services from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. BMO Capital Markets boosted their target price on shares of Total System Services from $70.00 to $77.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Cowen reissued a “buy” rating and set a $67.00 target price on shares of Total System Services in a research note on Thursday, September 7th. Robert W. Baird boosted their target price on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Finally, KeyCorp reissued an “overweight” rating on shares of Total System Services in a research note on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Total System Services currently has a consensus rating of “Buy” and an average target price of $71.84.

In related news, EVP Patricia A. Watson sold 23,608 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following the completion of the sale, the executive vice president now owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

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Total System Services Company Profile

Total System Services, Inc (TSYS) is a payment solutions provider that provides payment processing services, merchant services and related payment services to financial and non-financial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services.

Dividend History for Total System Services (NYSE:TSS)

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