Jack Henry & Associates, Inc. Declares Quarterly Dividend of $0.58 (NASDAQ:JKHY)

Key Points

• Jack Henry & Associates has declared a quarterly dividend of $0.58 per share, to be paid on September 26th to shareholders of record by September 5th, representing an annualized dividend yield of 1.4%.
• The company reported quarterly earnings of $1.75 per share, exceeding analysts' expectations of $1.50, with revenue of $615.37 million, marking a 9.9% year-over-year increase.
• Jack Henry & Associates has a dividend payout ratio of 36.1%, indicating that its dividends are well-covered by earnings, with anticipated earnings of $6.26 per share next year.

Jack Henry & Associates, Inc. (NASDAQ:JKHY - Get Free Report) announced a quarterly dividend on Monday, August 25th, RTT News reports. Shareholders of record on Friday, September 5th will be given a dividend of 0.58 per share by the technology company on Friday, September 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%.

Jack Henry & Associates has a dividend payout ratio of 36.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Jack Henry & Associates to earn $6.26 per share next year, which means the company should continue to be able to cover its $2.32 annual dividend with an expected future payout ratio of 37.1%.

Jack Henry & Associates Stock Performance

Shares of Jack Henry & Associates stock traded down $3.88 during trading hours on Monday, reaching $161.68. 771,053 shares of the stock traded hands, compared to its average volume of 820,674. The company has a 50 day moving average price of $173.32 and a 200 day moving average price of $175.17. The firm has a market capitalization of $11.77 billion, a price-to-earnings ratio of 25.91, a P/E/G ratio of 2.95 and a beta of 0.73. Jack Henry & Associates has a one year low of $157.80 and a one year high of $196.00. The company has a quick ratio of 1.36, a current ratio of 1.71 and a debt-to-equity ratio of 0.04.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released its quarterly earnings results on Tuesday, August 19th. The technology company reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.50 by $0.25. The business had revenue of $615.37 million during the quarter, compared to the consensus estimate of $602.20 million. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The business's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.33 EPS. Jack Henry & Associates has set its FY 2026 guidance at EPS. On average, equities research analysts expect that Jack Henry & Associates will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.

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