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FIS Declares Quarterly Dividend

February 3, 2014

FIS, a provider of banking and payments technology, announced that its board of directors has approved a 9 percent increase in the quarterly dividend, to $0.24 per share from $0.22 per share. In a release on Jan. 29 , FIS said the dividend will be paid on March 31 to shareholders of record as of the close of business on March 17 . "The increase in our dividend reflects our commitment to returning cash to our shareholders, in line with our capital allocation strategy," said Frank Martire , chairman and CEO. "Consistent execution has enabled us to raise our dividend for the third consecutive year." FIS serves more than 14,000 institutions in over 110 countries. Headquartered in Jacksonville, Fla. , FIS employs more than 37,000 people worldwide and holds positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. More information: www.fisglobal.com ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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Source: Manufacturing Close - Up


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