Paperless payments provider Total System Services (TSS) announced yesterday its second-quarter dividend of $0.10 per share, the same rate it's paid for the past six quarters.

The board of directors said the quarterly dividend is payable on July 1 to the holders of record at the close of business on June 20. Total Systems has made quarterly payouts to investors since 1989.

The regular dividend payment equates to a $0.40-per-share annual dividend, yielding 1.7% based on the closing price of Total System Services' stock on June 3.

TSS Dividend Chart

TSS Dividend data by YCharts.

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