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FactSet Research Systems Inc. (FDS) has confirmed a quarterly cash dividend of $1.16 per share, setting the record date for shareholders on May 29th. This 5.5% increase marks the 27th consecutive year of dividend growth, underscoring management's confidence in the firm's long-term financial stability. On the institutional front, UBS Group AG reduced its stake in the company by 10.0% during the fourth quarter, selling 21,106 shares. Despite this reduction, UBS maintains a significant position in FDS valued at approximately $55,326,000. The company's payout ratio remains at a sustainable 24%, providing an annualized yield of 2.1%. Investors continue to monitor these ownership shifts alongside FactSet's consistent track record of capital allocation.
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