Businessweek

DST Systems Inc. announced that its Board of Directors has declared a cash dividend of $0.30 per share on its common stock. The dividend will be payable on June 14, 2013, to shareholders of record at the close of business on May 29, 2013.

DST Systems Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, operating Revenue was $495.2 million against $475.9 million a year ago. Total Revenue was $682.4 million against $653.2 million a year ago. Income from operations was $74.6 million against $60.1 million a year ago. Income before income taxes was $143.8 million against $83.4 million a year ago. Net income was $93.2 million or $2.04 per diluted share against $55.3 million or $1.22 per diluted share a year ago. On the adjusted non-GAAP basis, operating income was $71.1 million against $64.6 million a year ago. Pretax income was $68.0 million against $70.4 million a year ago. Net income was $45.0 million or $0.99 per diluted share against $47.5 million or $1.05 per diluted share a year ago. Operating EBITDA, before non-GAAP items was $30.0 million against $18.2 million a year ago. Adjusted operating EBITDA, after non-GAAP items was $30.0 million against $19.6 million a year ago. For 2013, the company expects its tax rate to be approximately 36.1% for full year 2013, but the rate for the remainder of the year will likely vary on a quarterly basis between 35.5% and 38.5% depending on the timing of estimated 2013 sources of taxable income.

DST Systems Inc. announced that they will report Q1, 2013 results at 6:00 AM, Central Standard Time on Apr 25, 2013

DST Systems Inc., Q1 2013 Earnings Call, Apr 25, 2013

DST Systems Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total revenues of $658.6 million, loss from operations of $0.8 million, income before income taxes and non-controlling interest of $89.3 million, net income attributable to company of $37.9 million or $0.82 per diluted share compared to the total revenues of $623.4 million, income from operations of $56.3 million, income before income taxes and non-controlling interest of $60.2 million, net income attributable to company of $39.2 million or $0.88 per diluted share for the same quarter year ago. On non-GAAP basis, operating income was $77.0 million, pretax income was $82.6 million, net income was $55.0 million or $1.19 per diluted share compared to the operating income of $70.5 million, pretax income of $72.8 million, net income of $46.2 million or $1.07 per diluted share for the same quarter year ago. For the year, the company reported total revenues of $2,576.6 million, income from operations of $157.3 million, income before income taxes and non-controlling interest of $519.5 million, net income attributable to company of $324.0 million or $7.08 per diluted share compared to the total revenues of $2,388.7 million, income from operations of $260.1 million, income before income taxes and non-controlling interest of $274.0 million, net income attributable to company of $183.1 million or $3.95 per diluted share for the previous year. On non-GAAP basis, operating income was $277.1 million, pretax income was $285.3 million, net income was $182.0 million or $3.98 per diluted share compared to the operating income of $280.4 million, pretax income of $281.6 million, net income of $185.0 million or $4.09 per diluted share for the previous year. The Board of Directors of company has unanimously determined to increase its dividend frequency from a semi-annual basis to a quarterly basis beginning in the first quarter of 2013. On January 30, 2013, the Board of Directors of DST declared a quarterly cash dividend of $0.30 per share on its common stock, payable on March 15, 2013, to shareholders of record at the close of business on February 19, 2013. During fourth quarter 2012, DST paid a semi-annual cash dividend of $0.40 per share on its common stock. The company currently estimates that its income tax rate for 2013 will be approximately 35%, but of course, this will vary based on the mix of income in 2013.