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By Stephen Nakrosis
SS&C Technologies Holdings said Monday its board approved an increase to the company’s quarterly dividend.
The new dividend of 24 cents a share would be payable on Sept. 15 to shareholders of record at the close of business on Sept. 1, the company said.
The company previously paid a quarterly dividend of 20 cents a share.
Bill Stone, the company’s chairman and chief executive, said net cash from operating activities rose to $584.2 million for the six months ended June 30, up 31% from the same period a year ago.
SS&C said it provides services and software for the financial services and healthcare industries.
Write to Stephen Nakrosis at [email protected]
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