Solera boosts quarterly dividend by 20 percent to 7.5 cents, payable Sept. 22

By AP
Monday, July 19, 2010

Solera ups dividend by 20 percent to 7.5 cents

SAN DIEGO — Solera Holdings Inc. on Monday said its board boosted its dividend by 20 percent, to 7.5 cents.

The increase means the company’s annual dividend rose to 30 cents from 25 cents.

The company, which provides software for automobile insurance claims processing, said the dividend is payable Sept. 22 to shareholders of record on Sept. 9.

Solera Holdings shares closed Monday trading up 35 cents at $37. The stock has changed hands between $24.19 and $40.25 in the last 52 weeks.

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