Jack Henry & Associates, Inc. (JKHY) To Go Ex-Dividend on June 1st

Jack Henry & Associates, Inc. (NASDAQ:JKHY) declared a quarterly dividend on Monday, May 11th. Stockholders of record on Monday, June 1st will be given a dividend of 0.61 per share by the technology company on Friday, June 19th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st.

Jack Henry & Associates has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 35 years. Jack Henry & Associates has a dividend payout ratio of 38.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Jack Henry & Associates to earn $7.05 per share next year, which means the company should continue to be able to cover its $2.44 annual dividend with an expected future payout ratio of 34.6%.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $144.73 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The firm’s 50 day moving average price is $157.59 and its 200-day moving average price is $167.87. Jack Henry & Associates has a 52-week low of $141.81 and a 52-week high of $193.39. The company has a market cap of $10.28 billion, a PE ratio of 20.24, a P/E/G ratio of 2.13 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The firm had revenue of $615.93 million for the quarter, compared to the consensus estimate of $619.67 million. During the same period last year, the firm earned $1.52 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. Sell-side analysts forecast that Jack Henry & Associates will post 6.75 EPS for the current fiscal year.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.