WINDSOR, CT – December 7, 2004 — SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that its Board of Directors has declared a 14.3% increase in the semi-annual dividend from $0.07 per share to $0.08 per share. At the new rate, the dividend on an annual basis will be $0.16 compared to the previous rate of $0.14. The next semi-annual dividend will be paid to shareholders of record as of the close of business on February 10, 2005 and will be payable on or about March 3, 2005.
SS&C Chairman and CEO Bill Stone commented, "The Board's decision to declare a 14% increase in the dividend demonstrates its confidence in both the company’s current strong financial position and cash generation capability. We are especially pleased to share our increase in profits with an actual cash payout. We are both increasing our dividend and pursuing our growth initiatives."
