CGI Inc. GIB-A-T raised its quarterly dividend as it reported a fourth-quarter profit of $381.4-million.
The technology and business consulting firm says it will now pay a quarterly dividend of 17 cents per share, up from 15 cents per share.
The increased payment to shareholders came as CGI said it earned $1.72 per diluted share in the quarter ended Sept. 30 compared with a profit of $435.9 million or $1.91 per diluted share a year ago.
On an adjusted basis, CGI says earned $2.13 per diluted share in its latest quarter, up from an adjusted profit of $1.92 per diluted share in the same quarter last year.
Revenue for the quarter totalled $4.01-billion, up from $3.66-billion.
The company’s backlog stood at $31.45-billion as of Sept. 30.