FactSet Increases Dividend

Rhea-AI Summary

FactSet announced an 8.5% increase in its quarterly cash dividend, raising it from $0.82 to $0.89 per share. This increase marks the twenty-third consecutive year of dividend hikes, reflecting the company’s commitment to shareholder value. The new dividend will be payable on June 16, 2022, to shareholders of record by May 31, 2022. FactSet is recognized for its comprehensive financial analytics and has been added to the S&P 500, showcasing its growth and stability in the financial information sector.

Positive

• 8.5% increase in quarterly cash dividend from $0.82 to $0.89 per share.
• Twenty-third consecutive year of dividend increases.

Negative

• None.

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NORWALK, Conn., April 28, 2022 (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 an 8.5% increase in the regular quarterly cash dividend from $0.82 per share to $0.89 per share.

The $0.07 per share increase marks the twenty-third consecutive year the Company has increased dividends on a stock split adjusted basis, demonstrating its ongoing commitment to providing value to shareholders. The cash dividend will be paid on June 16, 2022, to holders of record of FactSet’s common stock at the close of business on May 31, 2022.

About FactSet
FactSet (NYSE: FDS | NASDAQ: FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 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, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by 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
Investor Relations Contact:                         
Kendra Brown                                        
+1.203.810.2684                                
kbrown@factset.com

Media Contact
Bénédicte Godet
+33 (0)6 01 02 57 82
benedicte.godet@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 $0.89 per share.

When will FactSet's dividend be paid?

The dividend will be paid on June 16, 2022.

What is the record date for FactSet's dividend?

The record date is May 31, 2022.

How many consecutive years has FactSet increased its dividend?

FactSet has increased its dividend for twenty-three consecutive years.