Accenture Board Approves Plan To Pay Dividends On Quarterly Basis - Quick Facts

(RTTNews) - Accenture (ACN) announced the company's Board of Directors has approved a plan to begin paying dividends on a quarterly basis starting in the first quarter of fiscal 2020.

Accenture plc has declared a semi-annual cash dividend of $1.46 per share for shareholders of record at the close of business on Oct. 18, 2018. The dividend is payable on Nov. 15, 2018. This represents an increase of $0.13 per share, or 10 percent, over the company's previous semi-annual dividend, declared in March.

The company's Board of Directors has approved $5.0 billion in additional share repurchase authority, bringing Accenture's total outstanding authority to approximately $6.0 billion.