Press release from GlobeNewswire (a Nasdaq OMX company)
FactSet Research Systems Raises Dividend by 13 Percent
Tuesday, May 14, 2013
FactSet Research Systems Raises Dividend by 13 Percent04:00 EDT Tuesday, May 14, 2013
NORWALK, Conn., May 14, 2013 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of integrated global financial information and analytical applications for the investment community, today announced that its Board of Directors approved a 13% increase in the regular quarterly dividend from $0.31 per share to $0.35 per share. The cash dividend will be paid on June 18, 2013 to holders of record of FactSet's common stock on May 31, 2013.
FactSet's Board of Directors has also approved a $200 million expansion to the existing share repurchase program. As of February 28, 2013, $55.5 million remained authorized for future repurchase.
FactSet, a leading provider of financial information and analytics, helps the world's best investment professionals outperform. More than 49,000 users stay ahead of global market trends, access extensive company and industry intelligence, and monitor performance with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. The Company was named the 2012 Best Research Provider at the Inside Market Data and Inside Reference Data Awards and has been included in FORTUNE's Top 100 Best Companies to Work For, the United Kingdom's Great Places to Work and France's Best Workplaces. FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE:FDS) (Nasdaq:FDS). Learn more at www.factset.com, and follow us on Twitter: www.twitter.com/factset.
CONTACT: Rachel R. Stern FactSet Research Systems Inc. 203.810.1000