Summary
Fidelity National Information Services, Inc. (FIS) filed an 8-K on February 4, 2014, primarily to report its fourth quarter and full-year 2013 financial results and to announce a significant increase in its quarterly dividend. While the detailed financial performance is available in the accompanying earnings release (Exhibit 99.1), the filing highlights the company's commitment to returning capital to shareholders. Investors should note that the financial information presented in this 8-K is furnished and not deemed 'filed,' meaning it does not carry the same legal implications under Section 18 of the Exchange Act.
Key Highlights
- 1FIS released its financial results for the fourth quarter and full year ended December 31, 2013.
- 2The company announced a 9% increase in its quarterly dividend, raising it from $0.22 per share to $0.24 per share, effective with the next declaration.
- 3This dividend increase signals management's confidence in the company's financial health and future cash flow generation.
- 4The earnings release containing specific financial metrics for Q4 and FY 2013 is attached as Exhibit 99.1.
- 5The information furnished in Items 2.02 and 9.01 is not considered 'filed' for Section 18 purposes.
- 6The dividend increase was approved by the Board of Directors on January 29, 2014.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Fidelity National Information Services, Inc.'s (FIS) financial results for the fourth quarter and full year ended December 31, 2013, and to announce a significant increase in its quarterly dividend.
The quarterly dividend is increasing by 9%, from $0.22 per share to $0.24 per share.
The detailed financial results are provided in the earnings release, which is attached to the 8-K filing as Exhibit 99.1.
No, the financial information in Items 2.02 and 9.01 of this filing is being furnished and is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. This means it does not subject the company to the same liabilities under that section.