ePlus inc. (NASDAQ:PLUS) Announces $0.27 Quarterly Dividend

ePlus inc. (NASDAQ:PLUS) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 25th will be paid a dividend of 0.27 per share by the software maker on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, August 25th.

ePlus Price Performance

NASDAQ:PLUS opened at $97.05 on Wednesday. ePlus has a one year low of $62.42 and a one year high of $98.14. The company has a market cap of $2.53 billion, a PE ratio of 20.05, a P/E/G ratio of 1.25 and a beta of 1.00. The firm’s 50 day simple moving average is $85.32 and its 200 day simple moving average is $83.30.

ePlus (NASDAQ:PLUS) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.09. The firm had revenue of $649.11 million during the quarter, compared to the consensus estimate of $639.95 million. ePlus had a net margin of 5.24% and a return on equity of 11.36%. Equities research analysts expect that ePlus will post 4.66 EPS for the current year.

About ePlus

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.