KANSAS CITY, Mo., Feb. 24, 2012 /PRNewswire/ -- DST Systems, Inc. (NYSE: DST) announced today that its Board of Directors has declared a cash dividend of $0.40 per share on its common stock, an increase of 5 cents per share or approximately 14% from the previous semiannual rate of $0.35 per share. The dividend will be payable April 10, 2012 to shareholders of record at the close of business on March 16, 2012.
About DST Systems, Inc.
DST Systems, Inc . provides sophisticated information processing solutions and services to support the global asset management, insurance, retirement, brokerage, and healthcare industries. In addition to technology products and services, DST also provides integrated print and electronic statement and billing solutions through DST Output. DST's world-class data centers provide technology infrastructure support for asset management, insurance and healthcare companies around the globe. Headquartered in Kansas City, MO., DST is a publicly traded company on the New York Stock Exchange.
SOURCE DST Systems, Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts