Temenos AG (OTCMKTS:TMSNY) Raises Dividend to $0.98 Per Share

Temenos AG (OTCMKTS:TMSNY) announced a dividend on Friday, May 16th, investing.com reports. Stockholders of record on Monday, May 19th will be paid a dividend of 0.9769 per share on Thursday, May 29th. This represents a dividend yield of 1.31%. The ex-dividend date is Friday, May 16th. This is a 21.4% increase from Temenos’s previous dividend of $0.80.

Temenos Stock Down 0.0%

OTCMKTS:TMSNY opened at $74.74 on Friday. Temenos has a 52 week low of $60.55 and a 52 week high of $90.90. The business’s 50 day moving average is $75.90 and its two-hundred day moving average is $75.58.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Temenos in a research note on Thursday, April 24th.

About Temenos

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.