ePlus (PLUS) Declares $0.25 First Quarterly Dividend; 1.6% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: -0.9%
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ePlus (NASDAQ: PLUS) declared its first quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on September 17, 2025, to stockholders of record on August 26, 2025, with an ex-dividend date of August 25, 2025.
The annual yield on the dividend is 1.6 percent.
"The Board's approval of a quarterly cash dividend reflects our ongoing commitment to enhancing shareholder value as part of a balanced capital allocation strategy," stated Mark Marron, president and CEO of ePlus. "The Company's strategic initiatives underscore our confidence in our growth potential and our newly initiated dividend is well-supported by the cash generation capabilities of the Company. We will also continue with a share repurchase program, and will consider organic investments in the business and targeted M&A, to drive additional shareholder value."
For a dividend history and other dividend-related data on ePlus (PLUS) click here.
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