10:44:56 EST Sat 21 Dec 2024
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SS&C Increases Common Stock Dividend to $0.25 Per Share

2024-08-21 16:05 ET - News Release

SS&C Increases Common Stock Dividend to $0.25 Per Share

PR Newswire

WINDSOR, Conn., Aug. 21, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced its Board of Directors has approved a quarterly dividend payout of $0.25 per share, up from $0.24 per share. The dividend is payable on September 16, 2024, to stockholders of record as of the close of business on September 3, 2024.

SS&C (PRNewsfoto/SS&C)

Bill Stone, Chairman and CEO, commented: "SS&C continues to grow, generating net cash from operating activities of $385 million in the second quarter – up 16.8% from the same period a year ago. Our goal is to create long-term shareholder value, which includes increases to our dividend as part of our capital allocation strategy. SS&C sees many opportunities ahead, and we will continue to exercise prudent cash flow management."

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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SOURCE SS&C

Contact:

Brian Schell, Chief Financial Officer, SS&C Technologies, Tel: +1-816-642-0915, E-mail: InvestorRelations@sscinc.com; Justine Stone, Investor Relations, SS&C Technologies, Tel: +1- 212-367-4705, E-mail: InvestorRelations@sscinc.com; Media, Emma Lowrey, PAN Communications, Tel: (617) 502-4300, E-mail: ssc@pancomm.com

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