TSYS to pay 7-cent cash dividend

Credit-card processor TSYS said Monday it will pay a 7-cents per share quarterly cash dividend.

The Columbus-based company said its board of directors approved the dividend, which will be payable April 1 to its shareholders of record at the close of business March 20.

TSYS is a leading third-party electronic payment processor that offers products and services globally in the consumer-finance arena, including credit, debit, health care, loyalty and prepaid services. Its clients typically are banks and retailers.