MAXIMUS declares $0.28/share quarterly dividend

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MAXIMUS ($NYSE:MMS) is a publicly traded company that provides government services and health care solutions. The company has declared a quarterly dividend of $0.28 per share, which is in line with the previous quarter. The dividend is payable on November 30 to shareholders of record on November 15, and the ex-dividend date is November 14. MAXIMUS has a history of paying dividends, and the company’s dividend payout ratio is quite low, meaning that the dividend is sustainable.

Dividends

MAXIMUS, a provider of government services, has announced a quarterly dividend of $0.28 per share. This dividend is payable on September 30, 2020, to shareholders of record at the close of business on September 15, 2020. The company’s dividend yields from 2020 to 2022 are 1.61%, 1.36%, 1.36%, thus three-year average dividend yield is 1.44%. The company’s strong cash flow and balance sheet support its ability to maintain its dividend payout ratio at its current level. In addition to its quarterly dividend, MAXIMUS also pays a special dividend each year.

The special dividend is variable and is based on the company’s financial performance for the year. MAXIMUS has a history of strong financial performance and has consistently grown its earnings per share and dividend per share at double-digit rates. The company is well-positioned to continue its strong performance in the future and provide shareholders with consistent growth in both earnings and dividends.

Stock Price

MAXIMUS, Inc. , a leading provider of government services worldwide, announced today that its Board of Directors has approved a quarterly dividend of $0.28 per share. MAXIMUS stock opened at $57.20 on Monday and closed at $57.70, up by 1.5% from its last closing price of $56.80. “This reflects our confidence in the long-term sustainability and earnings power of our business.” The company has a strong cash flow generation and a solid balance sheet, which provides it with the flexibility to continue to invest in growth initiatives and return cash to shareholders through dividends and share repurchases.

VI Analysis

As a provider of government-sponsored human services, MAXIMUS has a strong track record of helping people in need. Its fundamentals reflect its long term potential, and the company has a solid financial position.

However, there are some risks to consider before investing. The company’s income sheet shows that it has significant amounts of debt and equity. This debt can be a burden if the company is unable to make its payments on time, and the equity can be dilutive to shareholders if the company needs to raise additional funds. The company’s balance sheet also shows that it has a large amount of goodwill. This goodwill can be an asset if the company is able to generate sufficient profits to cover the costs of the acquisition, but it can also be a liability if the company is unable to do so. Finally, the company’s financial journal shows that it has made a number of acquisitions in recent years. These acquisitions can be a positive if they help the company to grow and expand its business, but they can also be a risk if they are not well-executed or if they do not create value for shareholders.

Summary

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