Blackbaud, Inc. Announces Fourth Quarter and Full Year 2008 Results

First Quarter 2009 Dividend and Share Repurchase Program
Blackbaud announced today that its Board of Directors has approved the payment of an annual dividend for 2009 of $0.40 per share, unchanged from 2008, and declared a first quarter dividend of $0.10 per share payable on March 13, 2009 to stockholders of record on February 27, 2009. Additionally, as of December 31, the Company had approximately $30 million remaining under its common stock share repurchase program that was authorized in May 2008.