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

Amdocs Limited (NASDAQ:DOX) announced a quarterly dividend on Tuesday, February 3rd. Investors of record on Tuesday, March 31st will be paid a dividend of 0.569 per share by the technology company on Friday, April 24th. This represents a c) annualized dividend and a dividend 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 raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 14 years. Amdocs has a payout ratio of 27.6% meaning its dividend is sufficiently covered by earnings. Research 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 Trading Down 1.6%

DOX stock traded down $1.15 during mid-day 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. Amdocs has a 12 month low of $70.32 and a 12 month high of $95.41. The company has a current ratio of 1.17, a quick 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. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 1.37 and a beta of 0.40.

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

Institutional Investors Weigh In On Amdocs

Institutional investors have recently bought and sold shares of the stock. Pzena Investment Management LLC lifted its stake in Amdocs by 0.6% during the 3rd quarter. Pzena Investment Management LLC now owns 6,593,249 shares of the technology company’s stock valued at $540,976,000 after acquiring an additional 42,184 shares in the last quarter. LSV Asset Management raised its holdings in shares of Amdocs by 7.6% in the third quarter. LSV Asset Management now owns 3,648,703 shares of the technology company’s stock valued at $299,376,000 after purchasing an additional 257,193 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Amdocs by 1.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,165,988 shares of the technology company’s stock valued at $253,786,000 after purchasing an additional 54,676 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Amdocs by 3.0% during the 3rd quarter. Wellington Management Group LLP now owns 3,151,532 shares of the technology company’s stock worth $258,583,000 after buying an additional 91,900 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Amdocs by 0.3% during the third quarter. Vanguard Group Inc. now owns 3,066,444 shares of the technology company’s stock worth $251,602,000 after acquiring an additional 9,207 shares during the period. Institutional investors own 92.02% of the company’s stock.

About Amdocs

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.