ePlus initiates quarterly cash dividend of $0.25 per share

Published 07/08/2025, 21:14
ePlus initiates quarterly cash dividend of $0.25 per share

HERNDON, Va. - ePlus inc. (NASDAQ:PLUS), a technology solutions provider with a market capitalization of $1.66 billion, announced Thursday that its Board of Directors has declared the company’s first quarterly cash dividend of $0.25 per common share, payable on September 17, 2025, to shareholders of record as of August 26, 2025.

The technology solutions provider stated in a press release that the dividend initiation is part of a balanced capital allocation strategy aimed at enhancing shareholder value. According to InvestingPro data, ePlus maintains a strong financial position with more cash than debt on its balance sheet and an impressive 18% free cash flow yield.

"The Board’s approval of a quarterly cash dividend reflects our ongoing commitment to enhancing shareholder value as part of a balanced capital allocation strategy," said Mark Marron, president and CEO of ePlus.

According to the company, the dividend will complement its existing share repurchase program. ePlus indicated it will also continue to consider organic investments and targeted acquisitions as part of its overall strategy.

The company noted that the newly established dividend is supported by its cash generation capabilities. This marks the first time ePlus has implemented a regular dividend program since its founding.

The Board of Directors will maintain sole discretion over the declaration and payment of future dividends, as stated in the company announcement.

In other recent news, ePlus Inc. reported its financial results for the fourth quarter of fiscal year 2025, showing a mixed performance. The company posted earnings per share of $1.11, which fell short of analysts’ expectations of $1.23. Revenue for the quarter was $498.1 million, also below the forecasted $523.83 million. Additionally, ePlus completed the sale of its U.S. financing business to Marlin Leasing Corporation, operating as PEAC Solutions. This transaction, initially announced on June 23, closed on June 30. In a separate development, ePlus announced the resignation of Ben Xiang from its board of directors. Mr. Xiang stepped down to pursue new career opportunities, as disclosed in a filing with the U.S. Securities and Exchange Commission. The company has not announced a replacement for Mr. Xiang.

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