Jack Henry & Associates: Dividend Insights
Portfolio Pulse from Benzinga Insights
Jack Henry & Associates (NASDAQ:JKHY) announced a quarterly dividend of 52 cents per share, with the ex-dividend date set for Thursday. Shareholders owning JKHY by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 15, 2023.
May 22, 2023 | 2:47 pm
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Jack Henry & Associates announced a 52 cents per share quarterly dividend, with the ex-dividend date set for Thursday. Eligible shareholders will receive the payout on June 15, 2023.
The announcement of a dividend payout is generally a positive signal for investors, but the stock will likely trade lower on the ex-dividend date to reflect the payout. This news is highly relevant to JKHY shareholders, but its short-term impact on the stock price is neutral as the market adjusts for the dividend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100