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TYSONS, Va. - Maximus (NYSE:MMS), a government services provider with a market capitalization of $5.1 billion, announced Monday that its Board of Directors has approved a quarterly cash dividend of $0.30 per share. According to InvestingPro data, the company has maintained dividend payments for 21 consecutive years, demonstrating strong commitment to shareholder returns.
The dividend will be payable on December 1, 2025, to shareholders of record on November 14, 2025, according to a press release statement from the company.
Maximus describes itself as a strategic partner to government agencies, providing business process management, consulting services, and technology solutions aimed at improving public service delivery.
The company’s shares are traded on the New York Stock Exchange under the ticker symbol MMS. The stock has shown strong momentum, gaining nearly 34% over the past six months and currently trading near its 52-week high of $93.73. Analysts maintain a positive outlook, with a consensus target suggesting further upside potential. Get detailed insights and 10 additional ProTips for Maximus with an InvestingPro subscription.
In other recent news, Maximus Inc. reported impressive financial results for the third quarter of fiscal year 2025, surpassing analyst expectations. The company achieved an earnings per share of $2.16, well above the projected $1.56, and revenue of $1.35 billion, exceeding the anticipated $1.29 billion. Additionally, Maximus secured a five-year, $62 million contract with Pennsylvania’s Department of Human Services to expand services, including support for Children’s Health Insurance Program recipients. In another development, Maximus announced an expansion of its stock buyback program to a total of $400 million, with approximately $32.7 million remaining from the previous authorization. This buyback program will be executed through various methods, including open market transactions and private negotiations. These recent developments highlight Maximus’s strategic initiatives and financial performance.
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