Solera Holdings Increases Quarterly Dividend By 36% - Quick Facts

(RTTNews) - Solera Holdings, Inc. (SLH), Friday said its board approved a 36 percent increase in its quarterly dividend per share of outstanding common stock and per outstanding restricted stock unit, effective for the fiscal year 2014. The company said the increase translates into an annual rate of $0.68 per share, up from its 2013 annual rate $0.50 per share, reflecting its confidence in the long-term growth of its business.

"I'm pleased to announce this fourth consecutive annual increase in our quarterly dividend since our initiation of dividends for fiscal year 2010. This increase is consistent with our policy of returning cash to stockholders via dividends and our stock repurchase program," said Tony Aquila, founder, Chairman and CEO of Solera Holdings, Inc.