Maximus, Inc.

Maximus, Inc.

MMSยทNYSE

$60.14

+0.86%
IndustrialsSpecialty Business Services

Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Tysons, Virginia.

At a Glance

Live Snapshot
Market Cap$3.16B
EPS5.5600
P/E Ratio10.82
Earnings Date08/06/2026
0.51%
Dividend Yield
48%
3Y+44.0%
5Y+64.0%
10Y+536.0%
18.17%
Dividend Payout Ratio
4%
3Y-66.0%
5Y-15.0%
10Y+225.0%
3Y+5.0%
5Y+4.0%
10Y+510.0%
Maximus, Inc.

Maximus, Inc. Dividend History

MMS ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MMS Dividend Payment History

MMS ยท NYSE

Total Payments

50

Latest Dividend

$0.3300

Annual Amount

$1.5600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 6, 2026
May 15, 2026Jun 1, 2026
$0.3300
$0.3300
Quarterly0.00%
Jan 6, 2026
Feb 13, 2026Mar 2, 2026
$0.3300
$0.3300
Quarterly+10.00%
Oct 6, 2025
Nov 14, 2025Dec 1, 2025
$0.3000
$0.3000
Quarterly0.00%
Jul 5, 2025
Aug 15, 2025Aug 31, 2025
$0.3000
$0.3000
Quarterly0.00%
Apr 5, 2025
May 15, 2025May 31, 2025
$0.3000
$0.3000
Quarterly0.00%
Jan 5, 2025
Feb 15, 2025Feb 28, 2025
$0.3000
$0.3000
Quarterly0.00%
Oct 5, 2024
Nov 15, 2024Nov 30, 2024
$0.3000
$0.3000
Quarterly0.00%
Jul 5, 2024
Aug 15, 2024Aug 31, 2024
$0.3000
$0.3000
Quarterly0.00%
Apr 5, 2024
May 15, 2024May 31, 2024
$0.3000
$0.3000
Quarterly0.00%
Jan 11, 2024
Feb 15, 2024Feb 29, 2024
$0.3000
$0.3000
Quarterly0.00%
Oct 10, 2023
Nov 15, 2023Nov 30, 2023
$0.3000
$0.3000
Quarterly+7.14%
Jul 11, 2023
Aug 15, 2023Aug 31, 2023
$0.2800
$0.2800
Quarterly0.00%
Apr 11, 2023
May 15, 2023May 31, 2023
$0.2800
$0.2800
Quarterly0.00%
Jan 10, 2023
Feb 15, 2023Feb 28, 2023
$0.2800
$0.2800
Quarterly0.00%
Oct 10, 2022
Nov 15, 2022Nov 30, 2022
$0.2800
$0.2800
Quarterly0.00%
Jul 8, 2022
Aug 15, 2022Aug 31, 2022
$0.2800
$0.2800
Quarterly0.00%
Apr 12, 2022
May 13, 2022May 31, 2022
$0.2800
$0.2800
Quarterly0.00%
Jan 11, 2022
Feb 15, 2022Feb 28, 2022
$0.2800
$0.2800
Quarterly0.00%
Oct 14, 2021
Nov 15, 2021Nov 30, 2021
$0.2800
$0.2800
Quarterly0.00%
Jul 13, 2021
Aug 13, 2021Aug 31, 2021
$0.2800
$0.2800
Quarterly0.00%
Apr 15, 2021
May 14, 2021May 28, 2021
$0.2800
$0.2800
Quarterly0.00%
Jan 12, 2021
Feb 12, 2021Feb 26, 2021
$0.2800
$0.2800
Quarterly0.00%
Oct 6, 2020
Nov 13, 2020Nov 30, 2020
$0.2800
$0.2800
Quarterly0.00%
Jul 7, 2020
Aug 14, 2020Aug 31, 2020
$0.2800
$0.2800
Quarterly0.00%
Apr 7, 2020
May 15, 2020May 29, 2020
$0.2800
$0.2800
Quarterly0.00%
Jan 8, 2020
Feb 14, 2020Feb 28, 2020
$0.2800
$0.2800
Quarterly0.00%
Oct 10, 2019
Nov 15, 2019Nov 29, 2019
$0.2800
$0.2800
Quarterly+12.00%
Jul 10, 2019
Aug 15, 2019Aug 30, 2019
$0.2500
$0.2500
Quarterly0.00%
Apr 10, 2019
May 15, 2019May 31, 2019
$0.2500
$0.2500
Quarterly0.00%
Jan 4, 2019
Feb 15, 2019Feb 28, 2019
$0.2500
$0.2500
Quarterly0.00%
Oct 16, 2018
Nov 15, 2018Nov 30, 2018
$0.2500
$0.2500
Quarterly+455.56%
Jul 6, 2018
Aug 15, 2018Aug 31, 2018
$0.0450
$0.0450
Quarterly0.00%
Apr 11, 2018
May 15, 2018May 31, 2018
$0.0450
$0.0450
Quarterly0.00%
Jan 11, 2018
Feb 15, 2018Feb 28, 2018
$0.0450
$0.0450
Quarterly0.00%
Oct 12, 2017
Nov 15, 2017Nov 30, 2017
$0.0450
$0.0450
Quarterly0.00%
Jul 11, 2017
Aug 15, 2017Aug 31, 2017
$0.0450
$0.0450
Quarterly0.00%
Apr 11, 2017
May 15, 2017May 31, 2017
$0.0450
$0.0450
Quarterly0.00%
Jan 11, 2017
Feb 15, 2017Feb 28, 2017
$0.0450
$0.0450
Quarterly0.00%
Oct 19, 2016
Nov 15, 2016Nov 30, 2016
$0.0450
$0.0450
Quarterly0.00%
Jul 12, 2016
Aug 15, 2016Aug 31, 2016
$0.0450
$0.0450
Quarterly0.00%
Apr 8, 2016
May 13, 2016May 31, 2016
$0.0450
$0.0450
Quarterly0.00%
Jan 8, 2016
Feb 16, 2016Feb 29, 2016
$0.0450
$0.0450
Quarterly0.00%
Oct 8, 2015
Nov 13, 2015Nov 30, 2015
$0.0450
$0.0450
Quarterly0.00%
Jul 6, 2015
Aug 14, 2015Aug 31, 2015
$0.0450
$0.0450
Quarterly0.00%
Apr 7, 2015
May 15, 2015May 29, 2015
$0.0450
$0.0450
Quarterly0.00%
Jan 13, 2015
Feb 13, 2015Feb 27, 2015
$0.0450
$0.0450
Quarterly0.00%
Oct 3, 2014
Nov 14, 2014Nov 28, 2014
$0.0450
$0.0450
Quarterly0.00%
Jul 3, 2014
Aug 15, 2014Aug 29, 2014
$0.0450
$0.0450
Quarterly0.00%
Apr 8, 2014
May 15, 2014May 30, 2014
$0.0450
$0.0450
Quarterly0.00%
Jan 14, 2014
Feb 14, 2014Feb 28, 2014
$0.0450
$0.0450
Quarterly-
mms

Maximus, Inc. Payout Ratio Analysis

MMS ยท NYSE
Dividends Paid
-68.71M
2025
Net Income
319.03M
2025
Payout Ratio
21.54%
2025

Dividend Sustainability Analysis

Payout Ratio
21.54%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
18.8%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
+5.7%

Steady dividend growth indicates consistent capital returns. Company committed to rewarding shareholders while managing payout prudently.

Sustainability
Excellent

Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.

Key Insight

Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.