FAIR, ISAAC INCREASES DIVIDEND
FAIR, ISAAC INCREASES DIVIDEND SAN RAFAEL, Calif., Nov. 21 /PRNewswire/ -- Fair, Isaac and Co.
Inc. (NASDAQ: FICI) announced it intends to increase its regular semiannual dividend from 5 cents to 7 cents per share. The next scheduled dividend payment date is March 6, 1992.
President and Chief Executive Officer Larry E. Rosenberger said the increase in the company's dividend was a result of the company's strong cash position and improved earnings. "The board of directors felt comfortable that we could increase the return to stockholders without jeopardizing future growth," said Rosenberger. He noted the company first bean paying dividends in 1989. Established in 1956, Fair, Isaac and Co. is a pioneer and world leader in the development of rule-based control systems and products for the retail credit industry. It also produces control systems for utilities and insurance underwriters. Revenues for the fiscal year ended Sept. 30, 1991, were $31.8 million. -0- 11/21/91 /CONTACT: Peter L. McCorkell of Fair, Isaac and Co., 415-472-2211/ (FICI) CO: Fair, Isaac and Company ST: California IN: SU: DIV DB -- SF007a -- 6076 11/21/91 16:44 EST a6077 f.b.tr f bc-Pan-Am-results
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|Date:||Nov 21, 1991|
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