Ex-Dividend Reminder: Jack Henry & Associates, International Game Technology and Century Communities

On May 29, 2025, Jack Henry & Associates (JKHY), International Game Technology PLC (IGT), and Century Communities Inc (CCS) will trade ex-dividend, with respective dividend payments of $0.58, $0.20, and $0.29. Based on recent stock prices, this translates to an expected price decrease at market open of 0.32% for JKHY, 1.31% for IGT and 0.55% for CCS, all else being equal. The current estimated annualized dividend yields are 1.27% for JKHY, 5.23% for IGT, and 2.19% for CCS, assuming dividends continue at the current rate.

Analysis

Jack Henry & Associates (JKHY), International Game Technology PLC (IGT), and Century Communities Inc (CCS) are scheduled to trade ex-dividend on May 29, 2025. Jack Henry & Associates will pay a quarterly dividend of $0.58 per share on June 18, 2025, which, based on a recent stock price of $182.00, implies an approximate 0.32% adjustment lower at the open on the ex-dividend date. International Game Technology is set to pay a $0.20 quarterly dividend on June 12, 2025, with an expected price adjustment of 1.31% lower. Century Communities will distribute a $0.29 quarterly dividend on June 11, 2025, anticipating a 0.55% price decrease. The current estimated annualized dividend yields, assuming the continuation of these declared dividends, are 1.27% for JKHY, a significantly higher 5.23% for IGT, and 2.19% for CCS. In Tuesday's trading session preceding this announcement, Jack Henry & Associates shares experienced a marginal increase of about 0.1%, International Game Technology shares rose by approximately 0.6%, and Century Communities shares saw a more notable gain of about 1.9%. The article highlights that dividend predictability is tied to company profitability, suggesting a review of historical dividend payments as a key step in assessing the sustainability of future payouts.

Key Decisions for Investors

• Investors aiming to receive these dividends must acquire shares before the May 29, 2025 ex-dividend date, anticipating a corresponding price reduction in the shares on that day.
• Given the varying yields, particularly IGT's 5.23%, a due diligence review of each company's dividend history and underlying profit stability is recommended to assess the likelihood of these dividend levels continuing.
• Consider that the ex-dividend event itself is a neutral information event regarding company value; the share price adjustment merely reflects the cash distribution, so trading decisions should be based on broader investment theses for each company.