Amdocs Limited (NASDAQ:DOX) Announces Quarterly Dividend of $0.57

Amdocs Limited (NASDAQ:DOX) declared a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.569 per share by the technology company on Friday, April 24th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, March 31st. This is a 8.0% increase from Amdocs’s previous quarterly dividend of $0.53.

Amdocs has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 14 years. Amdocs has a dividend payout ratio of 27.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Amdocs to earn $6.82 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 30.8%.

Amdocs Stock Performance

Shares of Amdocs stock traded down $1.15 during trading on Wednesday, reaching $72.87. The company’s stock had a trading volume of 2,157,247 shares, compared to its average volume of 1,091,474. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.23. The business’s 50-day moving average price is $80.37 and its 200-day moving average price is $82.64. Amdocs has a 52 week low of $70.32 and a 52 week high of $95.41. The firm has a market cap of $7.87 billion, a PE ratio of 14.48, a P/E/G ratio of 1.37 and a beta of 0.40.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.06. Amdocs had a net margin of 12.46% and a return on equity of 19.78%. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company earned $1.66 EPS. The business’s revenue was up 4.1% on a year-over-year basis. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. Equities analysts forecast that Amdocs will post 6.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DOX shares. Bank of America reduced their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Wall Street Zen cut Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Stifel Nicolaus cut their price objective on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Barclays set a $92.00 price target on shares of Amdocs in a report on Wednesday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $92.33.

Amdocs Company Profile

Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.