Jack Henry & Associates (JKHY) will increase its quarterly dividend by 6.5 percent to 49 cents per share in 2022. This comes after a dividend hike of 7 percent to 46 cents per share in 2021. The payment processing and technology solutions company now has 31 consecutive years of annual dividend increases. The next JKHY dividend is payable on March 25, 2022, to stockholders of record as of March 8, 2022.

Kevin D. Williams, CFO and Treasurer of Jack Henry & Associates, stated, "Our company continues to have strong organic growth and cash flows, even with our continued investments in our company through capital expenditures and research & development initiatives.  This increase in our dividend authorization evidences our continued confidence that these trends will continue and our commitment to deploy our cash to the benefit of our shareholders." Jack Henry has paid consecutive quarterly dividends since 1991, and 2022 marks the company's 33rd increase in dividends paid. 

Jack Henry & Associates, Inc. is a provider of technology solutions and payment processing services primarily for the financial services industry. The company's three primary brands are Jack Henry Banking (information processing solutions for banks), Symitar (solutions for credit unions) and ProfitStars (risk and cost control products and services for financial institutions and corporate entities). Jack Henry & Associates has been a publicly traded company since 1985.