FactSet Raises Quarterly Dividend, Extending Growth Streak

FactSet Research Systems Inc. (FDS) raised its quarterly dividend to $1.16 per share from $1.10, a 5.45% increase, extending the financial-data provider's dividend-growth streak to 26 consecutive years. The dividend has an ex-dividend date of May 29, 2026.

The new payout implies an annual dividend of $4.64 per share and a forward annual yield of 1.89%, based on a share price of $246.07. FactSet, classified in the financial services sector, has a market capitalization of $8.96 billion.

Business Context

FactSet provides financial data, analytics and workflow tools used by investment professionals. The company is headquartered in Norwalk, Connecticut, and has been navigating a leadership transition after naming Sanoke Viswanathan, a JPMorgan Chase executive, to succeed longtime CEO Phil Snow, according to CT Insider: https://www.ctinsider.com/business/article/factset-norwalk-ceo-phil-snow-sanoke-viswanathan-20358784.php.

The dividend increase follows a period in which FactSet has continued to emphasize subscription-based data and workflow services while also investing in areas such as artificial intelligence. In 2025, Investopedia reported that FactSet posted better-than-expected revenue and authorized a share-repurchase program, while reaffirming full-year guidance at the time: https://www.investopedia.com/factset-stock-among-top-s-and-p-500-gainers-on-better-than-expected-revenue-buyback-11759357.

At the same time, information-services companies have faced investor scrutiny over whether generative AI could pressure traditional subscription research and data models. MarketWatch reported that FactSet was among the companies affected by those concerns, while noting arguments that proprietary datasets and AI initiatives may remain important competitive factors: https://www.marketwatch.com/story/ai-is-crushing-these-once-reliable-tech-stocks-are-investors-missing-the-point-7bc222ac.

What It Means For Income Investors

For income investors, the latest increase reinforces FactSet's record as a long-running dividend grower rather than a high-yield equity. The 1.89% forward yield is modest, but the 26-year growth record and an A dividend safety grade, with a safety score of 91 out of 100, point to a payout profile built around consistency.

The increase also keeps the quarterly payout aligned with FactSet's established capital-return pattern. Investors focused on dividend durability may view the streak and safety metrics as the central facts, while also weighing the company's exposure to financial-market data spending, client workflow demand and the competitive implications of AI across the information-services industry.