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

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

ePlus Price Performance

Shares of PLUS stock opened at $97.05 on Wednesday. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.25 and a beta of 1.00. The company’s fifty day simple moving average is $85.32 and its two-hundred day simple moving average is $83.30. ePlus has a 1 year low of $62.42 and a 1 year high of $98.14.

ePlus (NASDAQ:PLUS) last issued its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.09. ePlus had a return on equity of 11.36% and a net margin of 5.24%.The business had revenue of $649.11 million for the quarter, compared to analysts’ expectations of $639.95 million. Equities research analysts anticipate that ePlus will post 4.66 EPS for the current 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.