ePlus inc. (NASDAQ:PLUS) Declares Quarterly Dividend of $0.25

ePlus inc. (NASDAQ:PLUS) declared a quarterly dividend on Wednesday, February 4th, NASDAQ Dividends reports. Shareholders of record on Tuesday, February 24th will be given a dividend of 0.25 per share by the software maker on Wednesday, March 18th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, February 24th.

ePlus Trading Down 1.0%

Shares of PLUS stock opened at $81.95 on Friday. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.05 and a beta of 1.01. The business’s 50-day moving average price is $86.90 and its 200-day moving average price is $80.54. ePlus has a 12 month low of $53.83 and a 12 month high of $93.98.

ePlus (NASDAQ:PLUS) last issued its quarterly earnings data on Wednesday, February 4th. The software maker reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.44. ePlus had a net margin of 5.63% and a return on equity of 12.06%. The business had revenue of $614.77 million during the quarter, compared to analyst estimates of $529.60 million. On average, sell-side analysts predict that ePlus will post 3.78 earnings per share for the current fiscal year.

ePlus Company Profile

ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients’ strategic objectives.

The company’s offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.