Maximus Declares Quarterly Cash Dividend of $0.28 per Share

Rhea-AI Summary

Maximus (NYSE: MMS) announced a quarterly cash dividend of $0.28 per share, set for payment on February 26, 2021. The record date for shareholders is February 12, 2021. Since its inception in 1975, Maximus has committed to Helping Government Serve the People® by providing innovative business process management and technology solutions for government services.

Positive

• Quarterly cash dividend of $0.28 per share enhances shareholder income.
• Strong historical performance since 1975 demonstrates company reliability.

Negative

• None.

Maximus (NYSE: MMS), a leading provider of government services worldwide, announced today that its Board of Directors has approved a quarterly cash dividend of $0.28 per share, payable on February 26, 2021, to shareholders of record on February 12, 2021.

About Maximus

Since 1975, Maximus has operated under its founding mission of Helping Government Serve the People^®, enabling citizens around the globe to successfully engage with their governments at all levels and across a variety of health and human services programs. Maximus delivers innovative business process management and technology solutions that contribute to improved outcomes for citizens and higher levels of productivity, accuracy, accountability, and efficiency of government-sponsored programs. With more than 30,000 employees worldwide, Maximus is a proud partner to government agencies in the United States, Australia, Canada, Italy, Saudi Arabia, Singapore, South Korea, Sweden, and the United Kingdom. For more information, visit maximus.com.

Forward-looking statements that are not historical facts, including statements about our confidence, strategies and initiatives and our expectations about revenues, results of operations, profitability, liquidity, market demand or the impact of the COVID-19 pandemic are forward-looking statements that involve risks and uncertainties. These risks could cause our actual results to differ materially from those indicated by such forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, factors set forth in Item 1A of our Annual Report on Form 10-K, for the year ended September 30, 2020, filed with the Securities and Exchange Commission on November 19, 2020, and found on maximus.com. Any forward-looking statement made by us in this report is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210112005613/en/

FAQ

What is the dividend amount declared by Maximus for February 2021?

Maximus declared a dividend of $0.28 per share.

When will the dividend be paid to Maximus shareholders?

The dividend will be paid on February 26, 2021.

What is the record date for the Maximus dividend?

The record date is February 12, 2021.

How often does Maximus declare dividends?

Maximus typically declares dividends quarterly.

Is the dividend from Maximus sustainable?

While the press release does not provide specific sustainability details, the company's historical performance and ongoing services suggest a positive outlook.