FactSet Increases Dividend

Rhea-AI Summary

FactSet has announced a 6.5% increase in its quarterly cash dividend, raising it from $0.77 to $0.82 per share. This marks the 22nd consecutive year of dividend increases, reflecting the company's ongoing commitment to shareholder value. The new dividend will be paid on June 17, 2021, to stockholders of record as of May 31, 2021.

Positive

• 22 consecutive years of dividend increases demonstrates financial stability.
• The increase in dividend reflects the company's commitment to shareholder value.

Negative

• None.

Argus Session date unavailable

-2.62% session move Open Argus

Details

News Market Reaction – FDS

The recorded move for FDS in the trading session of this news was -2.62%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

NORWALK, Conn., May 05, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a 6.5% increase in the regular quarterly cash dividend from $0.77 per share to $0.82 per share. 

The $0.05 per share increase marks the twenty-second consecutive year the Company has increased dividends on a stock split adjusted basis, demonstrating its ongoing commitment to bring value to shareholders. The cash dividend will be paid on June 17, 2021, to holders of record of FactSet’s common stock at the close of business on May 31, 2021.

About FactSet

FactSet^® (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 153,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 on the Human Rights Campaign^® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.

FactSet
Media & Investor Relations Contact:                         
Rima Hyder                                        
+1 857.265.7523                                
rima.hyder@factset.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for FactSet (FDS)?

The new dividend amount is $0.82 per share.

When will the dividend be paid to shareholders of FactSet (FDS)?

The dividend will be paid on June 17, 2021.

What is the record date for FactSet's dividend payment?

The record date for the dividend payment is May 31, 2021.

How long has FactSet (FDS) been increasing its dividends?

FactSet has increased its dividends for 22 consecutive years.