SS&C Increases Its Common Stock Dividend From $0.20 to $0.24/Share
Portfolio Pulse from Happy Mohamed
SS&C Technologies Holdings, Inc. (SSNC) has announced an increase in its quarterly dividend payout from $0.20 to $0.24 per share, payable on September 15, 2023. The company's business is performing well, with net cash from operating activities up 30.5% from the same period a year ago.
August 21, 2023 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SS&C Technologies has increased its quarterly dividend, indicating strong financial performance. This could make the stock more attractive to income-focused investors.
Dividend increases are often seen as a sign of a company's strong financial health. As SS&C has increased its dividend, this could attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100