Maximus, Inc. (MMS) To Go Ex-Dividend on November 13th

Maximus, Inc. (NYSE:MMS) declared a quarterly dividend on Monday, October 5th. Investors of record on Friday, November 13th will be paid a dividend of $0.33 per share by the health services provider on Monday, November 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, November 13th.

Maximus has a payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Maximus to earn $8.36 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 15.8%.

Maximus Stock Performance

Shares of MMS stock opened at $66.25 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.42 and a quick ratio of 2.42. Maximus has a fifty-two week low of $51.04 and a fifty-two week high of $100.00. The stock’s 50-day moving average is $59.04 and its two-hundred day moving average is $64.06. The firm has a market cap of $3.47 billion, a P/E ratio of 9.79 and a beta of 0.57.

Analysts Set New Price Targets

Several research firms have issued reports on MMS. Zacks Research upgraded shares of Maximus from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 1st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Maximus in a report on Monday, August 17th. Finally, Wall Street Zen lowered Maximus from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company presently has an average rating of “Hold”.

About Maximus

Maximus, Inc. provides technology-enabled services to government agencies, helping them administer public programs and deliver services to residents. Its work includes managing contact centers, processing applications and eligibility determinations, conducting health assessments, and supporting appeals and other case-management functions. The company serves clients in the United States and internationally, including government agencies in the United Kingdom, Canada and Australia. Its services span health and human services programs as well as federal government operations, with technology and digital services supporting its program work.