Jack Henry & Associates Increases Common Dividends 25% To $.10 Per Share

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Jan 31, 2000

Jack Henry & Associates Increases Common Dividends 25% To $.10 Per Share

Jack Henry & Associates Increases Common Dividends 25% To $.10 Per Share Monett, MO -- January 31, 2000. Jack Henry & Associates, Inc. (NASDAQ:JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.10 per share, a 25% increase over the last dividend paid in December, 1999. The cash dividend on its common stock, par value $.01 per share, is payable on March 2, 2000, to stockholders of record as of February 16, 2000. At January 28, 2000, 20,222,471 shares of the common stock were outstanding.,Jack Henry & Associates, Inc. (NASDAQ:JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.10 per share, a 25% increase over the last dividend paid in December, 1999. The cash dividend on its common stock, par value $.01 per share, is payable on March 2, 2000, to stockholders of record as of February 16, 2000. At January 28, 2000, 20,222,471 shares of the common stock were outstanding.

"Since 1990, when we paid our first dividend, we have increased dividends 12 times," said Michael E. Henry, Chairman and CEO. "We are delighted to be able to reward our shareholders with dividends, and believe our solid record of generating growth in revenues and profits will continue to support dividend growth in the future."

Jack Henry & Associates, Inc. provides integrated computer systems and ATM networking products for banks and credit unions. Jack Henry markets and supports its systems throughout the United States and has over 2,600 customers nationwide. For additional information on Jack Henry, visit the company's web site at www.jackhenry.com.