Total System Services, Inc. (NYSE:TSS) declared a quarterly dividend on Monday, December 11th, RTT News reports. Investors of record on Thursday, December 21st will be given a dividend of 0.13 per share by the credit services provider on Tuesday, January 2nd. This represents a $0.52 annualized dividend and a yield of 0.68%.

Total System Services has raised its dividend payment by an average of 10.1% per year over the last three years. Total System Services has a dividend payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Total System Services to earn $3.49 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 14.9%.

Shares of Total System Services (TSS) traded up $0.65 during trading on Monday, reaching $76.58. 1,573,900 shares of the company’s stock traded hands, compared to its average volume of 1,265,316. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02. Total System Services has a one year low of $48.65 and a one year high of $77.38. The company has a market cap of $14,078.94, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.88 and a beta of 1.10.

Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.07. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The company had revenue of $852.80 million for the quarter, compared to analysts’ expectations of $842.30 million. During the same period in the prior year, the business earned $0.71 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. research analysts predict that Total System Services will post 3.2 earnings per share for the current year.

In related news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the completion of the sale, the executive vice president now directly owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is owned by company insiders.

Several research analysts have issued reports on TSS shares. Barclays increased their target price on shares of Total System Services from $78.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. Robert W. Baird increased their target price on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. BidaskClub upgraded shares of Total System Services from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. KeyCorp reiterated an “overweight” rating on shares of Total System Services in a report on Thursday, August 31st. Finally, Stifel Nicolaus cut shares of Total System Services from a “buy” rating to a “hold” rating and set a $69.00 target price on the stock. in a report on Tuesday, September 19th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. Total System Services currently has a consensus rating of “Buy” and an average price target of $69.36.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at

Total System Services Company Profile

Total System Services, Inc (TSYS) is a payment solutions provider that provides payment processing services, merchant services and related payment services to financial and non-financial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services.

Dividend History for Total System Services (NYSE:TSS)

Receive News & Ratings for Total System Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services Inc. and related companies with's FREE daily email newsletter.