FactSet Research Boosts Quarterly Dividend

FactSet Research Systems ($FDS) announced today that it’s increasing its dividend by 12.9%. The quarterly dividend will rise from 31 cents per share to 35 cents per share.

In the big picture, FactSet’s dividend is pretty small. The new dividend translates to a yield of just 1.45% based on yesterday’s close. But what impresses me is the company’s record of continually increasing its dividend. In 2005, their dividend was just five cents per share. FactSet has increased its earnings every year for the last 16 years, and they’re going to do it again.

Posted by Eddy Elfenbein on May 14th, 2013 at 10:49 am

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