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Maximus Declares Quarterly Cash Dividend of $0.28 per Share

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Maximus (NYSE: MMS) has announced a quarterly cash dividend of $0.28 per share, scheduled for payment on November 30, 2020. Shareholders on record as of November 13, 2020 will receive this dividend. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining its operational capabilities across government services.

Positive
  • Quarterly cash dividend of $0.28 per share announced.
  • Dividend paid on November 30, 2020, indicating company confidence in cash flow.
Negative
  • None.

RESTON, Va.--()--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 November 30, 2020, to shareholders of record on November 13, 2020.

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 approximately 30,000 employees worldwide, Maximus is a proud partner to government agencies in the United States, Australia, Canada, Italy, Saudi Arabia, Singapore, Sweden, and the United Kingdom. For more information, visit maximus.com.

Statements that are not historical facts, including statements about the Company’s confidence and strategies and the Company’s expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company’s products are forward-looking statements that involve risks and uncertainties. These uncertainties could cause the Company’s actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company’s most recent Annual Report filed with the Securities and Exchange Commission, found on maximus.com.

Contacts

Lisa Miles
lisamiles@maximus.com
703.251.8637

FAQ

What is the dividend amount announced by Maximus (MMS)?

Maximus has announced a quarterly cash dividend of $0.28 per share.

When will the dividend for Maximus (MMS) be paid?

The dividend will be paid on November 30, 2020.

What is the record date for Maximus' dividend payment?

The record date for the dividend payment is November 13, 2020.

Is the dividend from Maximus (MMS) sustainable?

While the announcement indicates confidence, sustainability depends on future operational performance.

MAXIMUS, Inc.

NYSE:MMS

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5.00B
59.76M
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100.1%
1.28%
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