Amdocs (DOX) will raise its quarterly dividend by 12.8 percent to $0.22 per share in 2017. The increased dividend will be paid on April 14, 2017 to shareholders of record on March 31, 2017.
Amdocs Limited is a provider of software and services for communications, entertainment and media industry service providers. The company's customers include most of the major telecom operators worldwide, such as Vodafone, AT&T and T-Mobile. Amdocs initial public offering took place on June 19th, 1998 and the company has paid a dividend every year since 2012. Amdocs Limited is incorporated under the laws of the Island of Guernsey.