Solera Lifts Quarterly Dividend By 15% - Quick Facts

(RTTNews) - Solera Holdings, Inc. (SLH) announced that it increased quarterly dividend per share of outstanding common stock and per outstanding restricted stock unit. The increase will be effective for Solera's fiscal year 2015 and translates into an annual rate of $0.78 cents per share of outstanding common stock and per outstanding restricted stock unit, up from Solera's fiscal 2014 annual rate of $0.68.

"This increase is consistent with our disciplined capital allocation practice that includes M&A, dividend payments and stock repurchases, primarily to offset equity dilution," said Tony Aquila, CEO of Solera Holdings.