Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Tysons, Virginia.
Maximus Dividend Announcement
• Maximus announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-30. Ex dividend date: 2024-11-15
• Maximus annual dividend for 2024 was $1.20
• Maximus annual dividend for 2023 was $1.14
• Maximus's trailing twelve-month (TTM) dividend yield is 1.69%
• Maximus's payout ratio for the trailing twelve months (TTM) is 23.75%
• Maximus's dividend growth over the last five years (2018-2023) was 24.25% year
• Maximus's dividend growth over the last ten years (2013-2023) was 15.49% year
Maximus Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.30 | quarterly | 2024-11-30 |
| 2024-08-15 | $0.30 | quarterly | 2024-08-31 |
| 2024-05-14 | $0.30 | quarterly | 2024-05-31 |
| 2024-02-14 | $0.30 | quarterly | 2024-02-29 |
| 2023-11-14 | $0.30 | quarterly | 2023-11-30 |
| 2023-08-14 | $0.28 | quarterly | 2023-08-31 |
| 2023-05-12 | $0.28 | quarterly | 2023-05-31 |
| 2023-02-14 | $0.28 | quarterly | 2023-02-28 |
| 2022-11-14 | $0.28 | quarterly | 2022-11-30 |
| 2022-08-12 | $0.28 | quarterly | 2022-08-31 |
| 2022-05-12 | $0.28 | quarterly | 2022-05-31 |
| 2022-02-14 | $0.28 | quarterly | 2022-02-28 |
| 2021-11-12 | $0.28 | quarterly | 2021-11-30 |
| 2021-08-12 | $0.28 | quarterly | 2021-08-31 |
| 2021-05-13 | $0.28 | quarterly | 2021-05-28 |
| 2021-02-11 | $0.28 | quarterly | 2021-02-26 |
| 2020-11-12 | $0.28 | quarterly | 2020-11-30 |
| 2020-08-13 | $0.28 | quarterly | 2020-08-31 |
| 2020-05-14 | $0.28 | quarterly | 2020-05-29 |
| 2020-02-13 | $0.28 | quarterly | 2020-02-28 |
| 2019-11-14 | $0.28 | quarterly | 2019-11-29 |
| 2019-08-14 | $0.25 | quarterly | 2019-08-30 |
| 2019-05-14 | $0.25 | quarterly | 2019-05-31 |
| 2019-02-14 | $0.25 | quarterly | 2019-02-28 |
| 2018-11-14 | $0.25 | quarterly | 2018-11-30 |
| 2018-08-14 | $0.04 | quarterly | 2018-08-31 |
| 2018-05-14 | $0.04 | quarterly | 2018-05-31 |
| 2018-02-14 | $0.04 | quarterly | 2018-02-28 |
| 2017-11-14 | $0.04 | quarterly | 2017-11-30 |
| 2017-08-11 | $0.04 | quarterly | 2017-08-31 |
| 2017-05-11 | $0.04 | quarterly | 2017-05-31 |
| 2017-02-13 | $0.04 | quarterly | 2017-02-28 |
| 2016-11-10 | $0.04 | quarterly | 2016-11-30 |
| 2016-11-02 | $0.04 | quarterly | |
| 2016-08-11 | $0.04 | quarterly | 2016-08-31 |
| 2016-05-11 | $0.04 | quarterly | 2016-05-31 |
| 2016-02-11 | $0.04 | quarterly | 2016-02-29 |
| 2015-11-10 | $0.04 | quarterly | 2015-11-30 |
| 2015-08-12 | $0.04 | quarterly | 2015-08-31 |
| 2015-07-10 | $0.04 | quarterly | |
| 2015-05-13 | $0.04 | quarterly | 2015-05-29 |
| 2015-02-11 | $0.04 | quarterly | 2015-02-27 |
| 2014-11-12 | $0.04 | quarterly | 2014-11-28 |
| 2014-08-13 | $0.04 | quarterly | 2014-08-29 |
| 2014-05-13 | $0.04 | quarterly | 2014-05-30 |
| 2014-02-12 | $0.04 | quarterly | 2014-02-28 |
| 2013-11-13 | $0.04 | quarterly | 2013-11-29 |
| 2013-08-13 | $0.04 | quarterly | 2013-08-30 |
| 2013-05-13 | $0.09 | quarterly | 2013-05-31 |
| 2013-02-13 | $0.09 | quarterly | 2013-02-28 |
Maximus Dividend per year
Maximus Dividend growth
Maximus Dividend Yield
Maximus current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Maximus stock? Use our calculator to estimate your expected dividend yield:
Maximus Financial Ratios
P/E ratio14.02
PEG ratio2.64
P/B ratio2.33
ROE17.13%
Payout ratio23.75%
Current ratio1.49
Quick ratio1.49
Cash Ratio0.23
Maximus Dividend FAQ
How much is the next Maximus dividend?
Maximus's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Maximus dividend. The next Maximus dividend will be released in February, May, August, or November.
When is Maximus dividend paid?
Maximus pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Maximus pay?
The specific amount of Maximus dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Maximus's dividend history.
Does Maximus stock pay dividends?
Yes, Maximus does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Maximus's dividend history.
How much dividend does Maximus pay?
Maximus paid $1.2 in 2024, $1.14 in 2023, $1.12 in 2022, $1.12 in 2021, and $1.12 in 2020.
How often does Maximus pay dividends?
Maximus typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Maximus's dividend yield?
The current dividend yield for Maximus is 1.69%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Maximus's exact dividend yield.
When does Maximus go ex dividend?
Maximus's ex-dividend date for the latest dividend was on 2024-11-15. Maximus typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Maximus dividend paid?
Maximus pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Maximus increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Maximus will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Maximus dividend per share?
Maximus paid $1.2 per share in 2024 and $1.14 per share in 2023. The amount of dividend per share that Maximus pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Maximus a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Maximus a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Maximus a dividend stock?
Yes, Maximus is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Maximus a good dividend stock?
Whether Maximus is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Maximus has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Maximus as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Maximus as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Maximus pay dividends monthly?
Maximus typically pays dividends on a quarterly basis.
Does Maximus pay dividends quarterly?
Maximus currently pays dividends on a quarterly basis.
Has Maximus ever paid a dividend?
Yes, Maximus has a history of paying dividends to its shareholders. Maximus is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Maximus dividend stocks?
To buy Maximus you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Maximus stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Maximus stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Maximus pay dividends 2024?
Maximus pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Maximus increase its dividend in 2024?
Decisions regarding Maximus dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Maximus dividend overview you can look into the above table of dividend history.
How Maximus dividend works?
The Maximus dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Maximus's dividend process works:
1. Determination of Dividend: Maximus's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Maximus publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Maximus distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Maximus are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Maximus's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Maximus publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Maximus distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Maximus are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Maximus dividends paid?
Maximus dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Maximus sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Maximus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Maximus declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Maximus sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Maximus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Maximus declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Maximus pay dividends?
Maximus typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Maximus pay dividends?
The general pattern is that Maximus pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Maximus dividend safe?
The safety of Maximus's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Maximus's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Maximus's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Maximus's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Maximus's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.