FactSet Increases Dividend

Rhea-AI Summary

FactSet, a global financial digital platform and enterprise solutions provider, announced a 6% increase in its regular quarterly cash dividend from $0.98 to $1.04 per share. This marks the twenty-fifth consecutive year of dividend increases, showcasing the company's dedication to shareholder value. The dividend will be paid on June 20, 2024, to shareholders of record as of May 31, 2024.

Positive

• FactSet demonstrates commitment to shareholder value by increasing dividends for the twenty-fifth consecutive year.

• The 6% increase in the regular quarterly cash dividend from $0.98 to $1.04 per share is a positive sign for investors.

• The dividend increase shows the company's financial stability and confidence in its future performance.

Negative

• None.

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NORWALK, Conn., May 02, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a 6% increase in the regular quarterly cash dividend of $0.98 per share to $1.04 per share.

The $0.06 per share increase marks the twenty-fifth 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 20, 2024, to holders of record of FactSet’s common stock at the close of business on May 31, 2024.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to nearly 8,000 global clients, including over 206,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn. 

FactSet
Investor Relations Contact:
Ali van Nes
+1.203.810.2273
Avannes@factset.com

Media Contact
Megan Kovach
+1.512.736.2795
megan.kovach@factset.com 

FAQ

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

What is the dividend increase announced by FactSet?

FactSet announced a 6% increase in its regular quarterly cash dividend from $0.98 to $1.04 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 20, 2024, to shareholders of record as of May 31, 2024.

How many years has FactSet been increasing dividends?

FactSet has been increasing dividends for the twenty-fifth consecutive year.