In Brief: Jack Henry Raises Dividend

Jack Henry & Associates Inc. has increased the dividend on its common stock by 13%, to 4.5 cents a share.

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The higher dividend will be payable to shareholders of record as of March 1, Jack Henry said Monday. The most recent divided of 4 cents was paid last November.

Last month the Monett, Mo., company — a provider of core processing software, outsourcing and other services — said net income in its fiscal second quarter, which ended Dec. 31, rose 22% from a year earlier, to $17.7 million, or 19 cents a share. Revenue rose 21%, to $136 million.


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