TSYS® today announced that its board of directors has approved a quarterly cash dividend of $0.07 per share, an increase of 16.7 percent from the previous dividend rate of $0.06 per share.
“TSYS has paid a dividend in every consecutive quarter since January 1990 and we are pleased to continue that trend,” says Philip W. Tomlinson, chief executive officer of TSYS.
Dividends are payable on July 1, 2006, to TSYS shareholders of record at the close of business on June 22, 2006.