Fidelity National Information Services, Inc. (FIS) To Go Ex-Dividend on March 10th

Fidelity National Information Services, Inc. (NYSE:FIS) declared a quarterly dividend on Thursday, January 29th. Investors of record on Tuesday, March 10th will be given a dividend of 0.44 per share by the information technology services provider on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a 10.0% increase from Fidelity National Information Services’s previous quarterly dividend of $0.40.

Fidelity National Information Services has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Fidelity National Information Services has a dividend payout ratio of 25.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Fidelity National Information Services to earn $6.27 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 25.5%.

Fidelity National Information Services Stock Up 0.0%

Shares of Fidelity National Information Services stock opened at $55.22 on Friday. Fidelity National Information Services has a 1 year low of $54.40 and a 1 year high of $83.97. The company has a market cap of $28.60 billion, a P/E ratio of 204.52, a P/E/G ratio of 0.82 and a beta of 0.93. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The stock has a 50-day moving average price of $64.68 and a 200 day moving average price of $67.65.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Wednesday, November 5th. The information technology services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.03. Fidelity National Information Services had a net margin of 1.45% and a return on equity of 19.76%. The business had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. As a group, analysts expect that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.