TSYS Increases Quarterly Cash Dividend by 16.7%
Columbus, GA, May 25, 2006 - TSYS® today announced that its board of directors has approved a quarterly cash dividend of $0.07 per share, an increase of 16.7 percent from the previous dividend rate of $0.06 per share.
"TSYS has paid a dividend in every consecutive quarter since January 1990 and we are pleased to continue that trend," says Philip W. Tomlinson, chief executive officer of TSYS.
Dividends are payable on July 1, 2006, to TSYS shareholders of record at the close of business on June 22, 2006.
About TSYS
TSYS (www.tsys.com ) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer and acquirer processing technologies that support consumer finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia Pacific. Based in Columbus, Ga., TSYS (NYSE: TSS) is 80-percent held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine's "Most Admired Companies" and a member of its "100 Best Companies to Work For" Hall of Fame. For more information, contact news@tsys.com.
Contacts
TSYS Investor Relations
Shawn Roberts
+1.706.644.6081
shawnroberts@tsys.com