Computer Services increases dividend for 43rd consecutive year

Computer Services will increase its dividend by 37,5%.

The technology company, also known as CSI, will raise its quarterly dividend from $0,16 to $0,22.

Computer Services also announced that it will increase its buyback program by $5 million, for a total of $10,1 million. CSI has repurchased $75 million of it's own stock since 2004.

In 2013 the dividend was increased by 14,3%, following a 12% dividend increase in 2012.

At the current stock price of $34 Computer Services (ticker CSVI) has an indicated dividend yield of 2,6%.

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