SS&C Technologies Holdings, Inc. (SSNC) to Issue Quarterly Dividend of $0.27 on June 15th

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) announced a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be given a dividend of 0.27 per share by the technology company on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st.

SS&C Technologies has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 9 years. SS&C Technologies has a payout ratio of 16.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect SS&C Technologies to earn $6.87 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.7%.

SS&C Technologies Trading Up 0.1%

Shares of SSNC opened at $67.04 on Friday. The stock has a 50-day moving average price of $68.90 and a 200 day moving average price of $77.66. SS&C Technologies has a one year low of $64.51 and a one year high of $91.07. The company has a market capitalization of $16.15 billion, a P/E ratio of 20.76 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.SS&C Technologies’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Sell-side analysts forecast that SS&C Technologies will post 6.19 EPS for the current fiscal year.

Insider Transactions at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the sale, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 8,740 shares of company stock worth $583,576. 16.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Argent Trust Co raised its position in shares of SS&C Technologies by 0.8% during the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock valued at $1,413,000 after acquiring an additional 126 shares during the last quarter. AXA S.A. boosted its position in SS&C Technologies by 1.4% during the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after acquiring an additional 130 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after buying an additional 133 shares during the last quarter. Signaturefd LLC boosted its stake in shares of SS&C Technologies by 3.9% during the 4th quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock worth $331,000 after buying an additional 141 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in SS&C Technologies by 0.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock valued at $1,510,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

About SS&C Technologies

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.