Hertz Car Sales joins Amazon Autos platform for vehicle sales
WINDSOR, Conn. - SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) announced Monday that its Board of Directors has approved an 8% increase to its annual dividend, raising it to $1.08 per share from the previous rate.
The financial services and healthcare software provider will distribute its next quarterly dividend of $0.27 per share on September 15, 2025, to stockholders of record as of September 2, 2025.
Bill Stone, Chairman and CEO of SS&C, noted that the company generated $645.1 million in net cash from operating activities during the first half of 2025, representing a 14.1% increase compared to the same period last year.
"As part of our goal to create long-term shareholder value, our capital allocation strategy includes increases to our dividend," Stone said in a press release statement. With a market capitalization of $21.2 billion and a year-to-date return of 15.26%, SS&C continues to demonstrate strong market performance. InvestingPro subscribers can access 8 additional key insights about SS&C’s financial outlook and valuation metrics.
Founded in 1986, SS&C Technologies is headquartered in Windsor, Connecticut, and provides services and software for the financial services and healthcare industries. The company employs approximately 22,000 people across its global offices and serves organizations ranging from large enterprises to small and mid-market firms.
In other recent news, SS&C Technologies Holdings Inc. reported its second-quarter 2025 earnings, which exceeded analyst expectations. The company achieved an adjusted earnings per share of $1.45, surpassing the forecasted $1.39. Additionally, SS&C Technologies recorded a notable adjusted revenue of $1.54 billion, which was higher than the anticipated $1.51 billion. Following these results, DA Davidson reiterated its Buy rating on the company and increased the stock price target from $98.00 to $102.00. This adjustment reflects the company’s strong performance, with total revenue coming in 1% above expectations and adjusted EBITDA exceeding projections by 3%. These developments have been pivotal in shaping recent investor sentiment towards SS&C Technologies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.