SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Raises Dividend to $0.30 Per Share

Key Points

• SS&C Technologies raised its quarterly dividend 11.1% to $0.30 per share from $0.27, implying an annualized dividend of $1.20 and a 1.5% yield. Shareholders of record September 1 will be paid on September 15.
• The dividend appears well covered, with a current payout ratio of 16.7%; analysts expect next year’s earnings to support an estimated payout ratio of 15.5%. The company has increased its dividend for nine consecutive years.
• SS&C’s latest quarter exceeded expectations, with adjusted EPS of $1.76 versus the $1.68 consensus and revenue of $1.70 billion, up 10.3% year over year. Shares opened at $80.53, while management’s fiscal 2026 EPS guidance is $6.93–$7.25.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Get Free Report) announced a quarterly dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.30 per share by the technology company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 1st. This is a 11.1% increase from SS&C Technologies's previous quarterly dividend of $0.27.

SS&C Technologies has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 9 years. SS&C Technologies has a dividend payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect SS&C Technologies to earn $6.96 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.5%.

SS&C Technologies Trading Up 0.9%

Shares of NASDAQ SSNC opened at $80.53 on Wednesday. The stock has a market cap of $18.90 billion, a price-to-earnings ratio of 23.14 and a beta of 1.07. The business has a 50 day simple moving average of $70.95 and a 200 day simple moving average of $70.71. SS&C Technologies has a 52 week low of $61.40 and a 52 week high of $91.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm had revenue of $1.70 billion during the quarter, compared to analysts' expectations of $1.66 billion. During the same period in the previous year, the company earned $1.45 earnings per share. The company's revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, research analysts predict that SS&C Technologies will post 6.28 earnings per share for the current fiscal year.

About SS&C Technologies

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company's offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source