Fidelity National Information Services' Higher Dividend and Automation Push Reveal a Sharper Focus

Fidelity National Information Services (FIS) raised its quarterly dividend by 10% to $0.44 and introduced the Asset Servicing Management Suite to automate asset-servicing functions. This highlights the company's effort to streamline its post-spin-off business around core banking and capital markets technology with an emphasis on efficiency and automation. FIS's investment narrative centers on its refocused role as a high-quality provider of core banking and capital markets technology, with execution on cost controls, stabilizing organic revenue, and making the post-spin-off portfolio earn its cost of capital as key catalysts.