FactSet Raises Dividend 12.5%

FactSet (FDS) raised its dividend by 12.5%. The payout will rise from 64 cents to 72 cents per share. This is the 14th annual dividend increase in a row.

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a 12.5% increase in the regular quarterly cash dividend from $0.64 per share to $0.72 per share.

The $0.08 per share increase marks the fourteenth consecutive year the Company has increased dividends, demonstrating its continued commitment to return value to shareholders. The cash dividend will be paid on June 18, 2019 to holders of record of FactSet’s common stock at the close of business on May 31, 2019.