"Fidelity National Information Services provides core banking, payments processing, and capital markets technology to financial institutions worldwide, generating substantial revenue growth in its Banking and Capital Market Solutions segments."
"The dividend yield is elevated because the stock has repriced sharply lower over the past year, with FIS down 27.32% over the past 12 months, compressing the share price against a dividend that management has actively grown."
"FIS has paid dividends every quarter for over 16 years without interruption, with full-year 2025 free cash flow reaching $1.61 billion, providing ample coverage for the distribution."
The April 2026 market selloff highlighted the risks of earned income, prompting a focus on passive income from dividend-paying stocks. Companies with strong dividend programs are emerging in the fintech sector, generating significant free cash flow. An investment of $10,000 in select stocks can yield over $600 annually. Fidelity National Information Services exemplifies this, offering a 3.62% yield and a history of uninterrupted dividends for over 16 years, supported by robust free cash flow and a recent dividend increase.
Read at 24/7 Wall St.
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