Jack Henry & Associates, Inc. (NASDAQ:JKHY) Announces Quarterly Dividend of $0.61

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced a quarterly dividend on Monday, May 11th. 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) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st.

Jack Henry & Associates has increased 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 38.0% meaning its dividend is sufficiently covered by earnings. Equities research 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 $143.65 on Tuesday. The stock has a 50 day moving average of $157.94 and a two-hundred day moving average of $167.95. 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 has a 12 month low of $141.81 and a 12 month high of $193.39. The company has a market capitalization of $10.21 billion, a P/E ratio of 20.09, a P/E/G ratio of 2.13 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. The company had revenue of $615.93 million during the quarter, compared to the consensus estimate of $619.67 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company earned $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. As a group, equities analysts expect that Jack Henry & Associates will post 6.84 EPS for the current year.

About Jack Henry & Associates

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.