AGent Information Software (AIFS) Announces Cash Dividend

Rhea-AI Summary

Agent Information Software (OTC: AIFS) announced a cash dividend of $0.035 per share, payable on June 30, 2021, to shareholders of record as of June 17, 2021. The company reported a net income increase for the first quarter of 2021 compared to 2020, driven by growth in its SHAREit resource sharing product and the addition of new customers through VERSO and MONTAGE. Established in 1950, Agent Information Software focuses on innovative data management solutions and serves over 11,000 libraries across North America.

Positive

• Declared a cash dividend of $0.035 per share, enhancing shareholder income.
• Net income increased in Q1 2021 compared to the same period in 2020.
• Growth in resource sharing products (SHAREit) and customer acquisition through VERSO and MONTAGE.

Negative

• None.

Parent company of Auto-Graphics announces cash dividend for investors

RANCHO CUCAMONGA, Calif., June 22, 2021 (GLOBE NEWSWIRE) -- Agent Information Software (OTC: AIFS) today announced that on May 19, 2021, its Board of Directors approved a cash dividend to its shareholders.

A dividend of $0.035 per common share will be paid on June 30, 2021, to all record shareholders as of the close of business on June 17, 2021.

Auto-Graphics continues to see growth with their resource sharing product SHAREit, along with VERSO and MONTAGE bringing more customers to the company. Their first quarter ended with a net income increase over the same quarter in 2020.

About AGent Information Software

Founded in 1950 and operating under the name Auto-Graphics, Inc. since 1969, Agent Information Software, Inc. (AIS) came about in 2010 to become Auto-Graphics, Inc. parent company. AIS develops innovative information and data management solutions for multiple platforms that are standards-compliant, built on open systems architecture and available through the Software as a Service (SaaS) hosted delivery model.

AIS’ technical ingenuity and reputation for service excellence make us a trusted partner to more than 11,000 libraries, throughout North America. Customers across multiple industries use their information and data management systems, including a range of library markets such as public, academic, school, special and consortia, and supports the needs of customers in the legal, financial, publishing, aerospace, and manufacturing markets. For more information, please visit www.agentinformationsoftware.com or www.auto-graphics.com.

 

FAQ

What is the dividend amount declared by AIFS?

Agent Information Software declared a cash dividend of $0.035 per share.

When will the dividend for AIFS be paid?

The dividend will be paid on June 30, 2021.

Who is eligible to receive the AIFS dividend?

Shareholders of record as of June 17, 2021, are eligible for the dividend.

Did AIFS report any financial growth?

Yes, AIFS reported an increase in net income for the first quarter of 2021 compared to 2020.