Jack Henry & Associates (NASDAQ:JKHY) Is Increasing Its Dividend To $0.61
Jack Henry & Associates (NASDAQ:JKHY) is set to increase its quarterly dividend to $0.61 on March 25, bringing the annual payment to 1.5% of its stock price. The company has a strong track record of dividend growth (9.3% CAGR over the last five years) and its dividend payments are well-covered by earnings, with a forecasted payout ratio of 30% by next year. This robust financial health and consistent dividend policy suggest a positive outlook for investors seeking reliable income.
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