Jack Henry declares quarterly dividend

Jack Henry & Associates Inc. (Nasdaq: JKHY) declared a regular quarterly cash dividend on Thursday.

Shareholders of company stock will receive $0.095 per share, according to a company news release. The cash dividend is on the company's common stock and is payable June 2 to shareholders of record as of Monday. As of May 4, there were more than 85.7 million shares of common stock.

The dividend follows the announcement earlier this month that the banking software provider expects to close in June on a $300 million purchase of Elizabethtown, Ky.-based electronic billing provider iPay Technologies LLC. The purchase continues the company's trend of expanding its service to include more facets of electronic banking, according to previous Springfield Business Journal coverage.

Shares of Jack Henry closed Friday at $25.07, near the 52-week high of $26.50. Shares were up at $25.16 as of 10:15 a.m. Monday.[[In-content Ad]]