Computer Programs & Systems Inc. announced that its board of directors has approved an increase in the regular quarterly cash dividend of $0.06 to $0.57 per share, payable on February 28, 2014, to stockholders of record as of the close of business on February 13, 2014.

The company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the fourth quarter, the company reported total revenues increased 7% to $51.3 million, compared with total revenues of $47.9 million for the prior-year fourth quarter. Operating income was $15.96 million compared to $12.36 million last year. Income before taxes was $16.04 million compared to $12.47 million last year. Net income increased 10% to $10.0 million, or $0.90 per basic and diluted share, compared with $9.1 million, or $0.83 per basic and diluted share, for the quarter ended December 31, 2012. Cash provided by operations for the fourth quarter of 2013 was $14.7 million, compared with $14.3 million for the prior-year fourth quarter. Free cash flow was $14.41 million compared to $12.21 million last year.

For the year, the company reported total revenues increased 10% to $200.9 million, compared with total revenues of $183.3 million for the prior year. Operating income was $50.24 million compared to $41.28 million last year. Income before taxes was $50.71 million compared to $42.00 million last year. Net income increased 9% to $32.7 million, or $2.95 per basic and diluted share, compared with $30.0 million, or $2.71 per basic and diluted share, for the year ended December 31, 2012. Cash provided by operations for 2013 was $29.0 million, compared with $32.2 million for the prior year. Free cash flow was $25.42 million compared to $27.84 million last year.

For the year 2014, the company anticipates total revenues of $205.0 million to $215.0 million and net income of approximately $36.0 million to $38.0 million, or $3.25 to $3.40 per diluted share.