Fidessa increases its 2016 interim dividend by 9%

DividendMax Ltd.

Fidessa increases its 2016 interim dividend by 9%

Highlights for the period ended 30th June 2016:

Solid revenue growth, with growth across all business lines and regions.

Good international spread, with 63% of total revenue accounted for outside of Europe.

International spread providing stability against uncertainty as a result of Brexit vote.

Increasing opportunity for new Fidessa services as markets enter a new phase.

Strong growth in multi-asset revenue as derivatives programme continues.

Recurring revenue representing 86% of total revenue.

Strong cash generation, with £66.9 million cash balance after dividend payments of £27.0 million.

Interim dividend increased by 9% to 14.3p.

Companies mentioned