Jack Henry Issues Quarterly Cash Dividend

Jack Henry & Associates announced Monday that its Board of Directors has approved a 20 cent per share cash regular, quarterly dividend.

The Monett, Mo., provider of core banking technology said the payout will be available to stockholders on Sept. 27. As of the middle of this month, there were more than 85 million shares of common stock outstanding, Jack Henry said.

Earlier this month, Jack Henry said it made $47.7 million in its fiscal fourth quarter ended June 30 — 9% more than a year earlier.

Earnings per share of 55 cents beat the average estimate of analysts by about four cents. Jack Henry said its revenues grew nearly 12% to $298.1 million.