07/09/2010 (6:51 am)
Computer Services Inc. increases dividend
The board of directors of Computer Services Inc. has approved a 15.8 percent increase to its quarterly cash dividend.
The dividend was raised to 11 cents per share from 9.5 cents per share. The dividend is payable Sept. 24 to shareholders of record Sept. 1.
It is the 22nd annual increase of the quarterly dividend, according to a news release issued by Computer Services Inc. The company announced last week it recorded a record first-quarter net income and revenue.
It had net income of $5 fast payday loans.3 million, or 36 cents per share, on revenue of $39.7 million, in the fiscal first quarter, ended May 30.
Paducah, Ky.-based Computer Services (Pink Sheets: CSVI) provides core banking services such as payment processing, Internet, card services, risk assessment, fraud prevention, network management and regulatory compliance to financial institutions and corporations.
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